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John D. Rockefeller

Patenting an idea

Developing your ideas from scratch is important for your business to grow into its own unique market. Creating an idea for a product that has never been used before creates many opportunities for businesses, however problems might arise if the owner does not guard these ideas against illegal use.

 

Patenting an idea or invention is a practice that helps inventors and idealists stake their claims in the business world without having their rights and ideas infringed upon. The laws that govern these patents are different in each country.

 

The Roodepoort Chamber of Commerce creates a forum for local businesses, allowing them to create networking opportunities, business relationships and communication channels with other like-minded individuals and entrepreneurs in the area. Visit the ROCCI website to find out more about how to become a part of the Roodepoort network, or for information on current members and their product and contact information.

 

The following is a description of the method used to create patents for ideas and products in South Africa (adapted from Hahn and Hahn Intellectual Property Practitioners):

 

According to South African practice, either a provisional or a complete specification may be lodged with the application for a patent.

 

If you have not worked out your idea in detail yet, and intend to conduct further experiments and make further improvements, you are advised to prepare and lodge a provisional specification at the South African Patent Office in order to provide you with temporary protection. The provisional specification is an important document, which will later form the basis for the complete specification and/or any foreign patent applications. It should be drawn up professionally and with great care and should contain as much detail as possible. A poorly drawn provisional specification may be completely worthless from a legal point of view. Furthermore, the disclosure of any aspect of an invention not properly covered in a prior-filed provisional application will later preclude the valid obtainment of protection for such aspect.

 

The filing of a patent application accompanied by a provisional specification must be followed by a fresh patent application with a complete specification in order to obtain a patent.

 

In a case where the full practical details of your invention have already been developed, a complete specification may be lodged "in the first instance" i.e. without filing a provisional application initially. This procedure will render the overall cost somewhat lower than in the case where a provisional specification is lodged initially.

 

However, if for the time being you only require temporary protection for the purpose of testing the commercial possibilities of an invention, you may prefer to lodge a provisional specification initially even if the information available might be adequate for a complete specification. In this manner you can reduce your initial cost and prolong the maximum total term of your patent by up to 15 months.

 

If, after a provisional specification has been filed you make further important discoveries or improvements in connection with the invention before the period for lodging the complete specification has expired, you are advised to have one or more additional provisional specifications lodged in order to protect the improvement or new discovery. Subsequently it is possible to cognate (combine) the different provisional specifications in a single complete specification. If such further discoveries or improvements are not included in one or more additional provisional applications, these must be kept secret in order to be validly included in a subsequent complete application.

 

Once a complete application has been granted, subsequent improvements or modifications to the invention can be protected by the filing of an application for a patent of addition (provided such improvements or modifications have been kept secret). Otherwise, an independent patent application can be filed to protect such subsequent improvements or modifications. Whether or not a patent of addition is called for rather than an independent patent has to be determined carefully in each specific case.

 

It is also important to note that the South African Patent Office does not investigate the validity of patent claims. However, the validity of a patent can be attacked at any time by others.

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"Thirty to 40 years ago, most financial decisions were fairly simple." Scott Cook
...any seconders to that statement?

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Merton Miller

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John Kenneth Galbraith

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Lee Iacocca

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"The big secret in life is that there is no big secret. Whatever your goal, you can get there if you're willing to work."
Oprah Winfrey

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How fuel prices will affect consumers and business

 

The recent increase in fuel prices worldwide has left consumers outraged, as the higher prices have come at a time when taxation is increasing on top of everything else.

 

In South Africa, the increase has been said to be to cover costs that include maintenance of infrastructure, RDP housing and the new e-Toll system in Gauteng. However, apart from the impact on the direct fuel price, many other industries are also affected by the price changes, which in turn trickle down back to consumers in the form of higher prices across the board.

 

For instance, every commercial industry in the country that relies on any form of transportation find themselves having to increase their prices in order to maintain their profits. Farmers that use transport companies have to pay extra to get their produce into cities. Security companies that use vehicles to patrol suburban areas 24 hours a day have needed to increase their fees in order to maintain that part of the service, and the list goes on.

 

The truth is that the petrol prices in any country in the world that has based its culture on the need to travel (its quite safe to say that almost every major country in the world depends on its transport in order to function from day to day) largely affects every facet of life within that society, and it can clearly be seen that a swing in the price each way will have major effects on the economic stability of that society across the board.

 

Businesses need to learn to account for and adapt to this dependency on fuel prices. One simple way to make this possible is to follow your local chamber of commerce, which will help you to create a professional business-to-business network system with like-minded professionals in your area in order to learn from each other and provide support to the community.

 

The Roodepoort Chamber of Commerce (ROCCI) is one of the biggest Chambers in South Africa, and is comprised of over 100 businesses in the Roodepoort area in Johannesburg. Contact ROCCI on (+27)086 111 3304, send an e-mail for additional information, or visit the ROCCI website to find out more about what is on offer, or how it would benefit you to be a part of this ever-growing inter-business network.

                                                          

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"The poor themselves can create a poverty-free world... all we have to do is to free them from the chains that we have put around them."
Muhammad Yunus

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"My philosophy is that not only are you responsible for your life, but doing the best at this moment puts you in the best place for the next moment."
Oprah Winfrey

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"Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it's amazing what they can accomplish."
Sam Walton

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