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A patent is an exclusive right granted for an invention. It provides legal protection to inventors for their creations, allowing them to control the use of their inventions. Patents also benefit society by offering public access to technical information about these inventions, thus accelerating further innovation (WIPO, 2024).
There is no such thing as a single internationally valid patent. Patent rights are territorial, meaning protection is granted on a country-by-country basis. If you seek protection in other countries or regions, you must apply via either the Paris route (Direct route) or the PCT route (WIPO, 2024).
The Paris route allows you to either directly file separate patent applications simultaneously in all the countries where you wish to protect your invention (regional patents may be available in some countries) or, after filing in a Paris Convention country, file separate applications in other Paris Convention countries within 12 months. This allows you to claim the filing date of your first application in all subsequent countries (WIPO, 2024).
The PCT route enables you to file a single application that has legal effect in all PCT Contracting States. You can file this application either directly or within the 12-month period provided by the Paris Convention, starting from the filing date of your initial application (WIPO, 2024).
After submitting your patent application, you will typically receive a patent application number. The patent office will then assign an examiner to review your application. The examination involves assessing your invention against prior knowledge (prior art) to ensure it is novel and meets patentability criteria. Following several rounds of office actions and responses, your patent may be granted and issued as an official government-recognized certificate. However, this process varies depending on the specific laws and procedures of each country. It is highly recommended to consult with a patent agent or attorney practicing in your country or region to guide you through the process effectively.
To determine if your invention is patentable, it must meet several key criteria. First, you need to clearly disclose the technological discovery in your application. The invention should also be new (novel) and offer practical applicability. Finally, it must involve an inventive step, meaning it should not be obvious to someone skilled in the relevant field, even when considering the closest existing technologies (prior art). This requirement ensures that the invention is not something easily derived by experts based on existing knowledge, making it a unique and non-obvious contribution.
At Asian Novelty, we believe that a great idea deserves more than just a certificate — it deserves real-world impact and income. That’s why we’ve developed a practical and transparent 7-step process to help inventors and patent holders transform their innovations into commercial success. Whether you’re an individual inventor, a research institute, or a small business, our process is designed to guide you from patent protection to real earnings.
Here’s how we do it:
The journey begins with you. To start the process, simply register your patent with Asian Novelty and provide written consent for commercialization. This gives us the legal and ethical foundation to represent your innovation and explore commercial pathways on your behalf. Your IP rights remain yours — we just help you monetize them.
Once registered, our team conducts a thorough market and patent landscape analysis. We identify:
Based on this, we design a tailored commercialization strategy that outlines how your patent can be positioned — whether through licensing, joint ventures, or direct sale.
Next, we make your patent visually engaging. Our media team creates a short explainer video to showcase the uniqueness, potential applications, and benefits of your invention. This video helps attract attention online, explain the value quickly, and build interest among potential partners or buyers.
This is often posted on our online platforms, social media, and sent to prospects.
With your strategy and media content ready, we launch a targeted outreach campaign. Using our internal and external databases, we contact relevant companies, and industry players through email and phone marketing.
Our goal is simple: get your patent in front of decision-makers who can turn it into a business.
When interest is shown, we arrange one-on-one meetings between you (or our team on your behalf) and potential licensees, buyers, or partners. These meetings are critical for:
We assist you through the negotiation process and provide guidance every step of the way.
Once both parties are aligned, we move to formalize the relationship. This could be a:
We ensure your interests are protected with clear legal documentation, and that IP ownership is handled per your preference.
Now comes the most satisfying part — earning from your patent. Depending on your agreement, you’ll either receive:
We handle the follow-up and make sure payments are made as agreed.