The Inventors Forum is a nonprofit 501(c)3 organization of Inventors helping Inventors for over 30 years. We are based in Orange County, CA.
Everyone is invited to our Public Zoom Success Stories Event
on Friday, November 3, 2023, 7:00 PM PDT! ZOOM INFO BELOW.
About Keanu Alfaro
Keanu is an entrepreneur, IP creator, television, film & media writer & producer,
product developer, industrial designer and consultant.
In 2019 Keanu earned a Master of Business Administration (MBA) degree before working in
business analytics. In his free time, he began teaching himself Computer Aided Design (CAD)
and started learning how to develop and license his IP to companies.
Between 2021-2022, Keanu licensed over 40 different IPs in the knife and tool
manufacturing industry. He collaborated with over 10 different companies
including Fox, Boker, Bestech, Kizer and TwoSun.
Now Keanu creates IP for countless industries (TV, film & media, toy & game,
and collaborates with numerous industry leaders.
Join us at 7:00 PM (PDT) Friday, November 3, 2023,
by clicking the Zoom link below!
Inventors Forum of Orange
County is inviting you to a scheduled Zoom meeting this Friday, November 3,
7:00 pm to 9:00 pm
Join Zoom Meeting
Meeting ID: 856 0740 8259
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Meeting ID: 856 0740 8259
Find your local number: https://us02web.zoom.us/u/kcEEOxdfWj
NOTE: Our MEMBERS-ONLY PRIVATE Assistance meetings, where you can safely get feedback from our knowledgeable members to move your ideas forward, are held on the LAST FRIDAY of each month at The Urban Workshop, 365-A Clinton Street, Costa Mesa, CA 92626. Door fees are $5 for members. Non-members can join at the door. Initial membership fees are $50 per year, and half price for seniors 65+ and for full-time students, and disabled. We can take cash, checks or credit and debit card payments through Stripe at the meetings.
The Loss of Inventor Rights – A Concise Description
For those new to the issue of inventors having lost the ability to stop large corporations from just taking valuable, patented technologies, here’s a quick rundown:
1. Patent Trial and Appeal Board (PTAB): The America Invents Act of 2011 (AIA) created an easier way to invalidate (revoke) an issued patent. The PTAB is an administrative court with no jury and much less due process than a real court. Rather than a lifetime-appointed judge, a PTAB trial typically has three attorneys who are called Administrative Patent Judges (APJs). Since inception, 84% of the patents that go through a PTAB process get fully or partially invalidated (partially usually means the parts of the patent that matter).
When you attempt to stop a large corporation from infringing your patent, they will try to use the PTAB to invalidate your patent. If you win one PTAB attack, you can still be pulled into additional ones by the same or other infringers. According to the AIPLA (American Institute of Patent Law Association), a reasonable PTAB defense costs $400,000 to $800,000. Historically, the typical inventor would hire an attorney on a contingency basis to fight an infringer (where the inventor doesn’t pay much up front and the attorney gets a percentage of the verdict award or settlement amount). Today, it is extremely rare for an attorney to take any PTAB case on contingency.