Patents & Trademarks in the Lone Star State
Patent Facts and Myths
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Myth
PATENTS MAKE PEOPLE RICH

There is no guarantee that an invention, design, or plant that is
patented will sell. In fact, most patents do not generate income for
their owners. (See sidebar)


Fact
U.S. PATENTS ARE ENFORCEABLE ONLY IN THE UNITED STATES

A U.S. patent is only enforceable in the United States.


Myth
PATENTS CAN BE ISSUED FOR REALLY GOOD IDEAS

Patents are not issued for great ideas or mere suggestions. Patents are granted to people who (claim to) "invent or discover any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof"—to quote the essence of the U.S. statute governing patents.


Myth
YOU MUST PATENT YOUR INVENTION

A patent provides protection for your intellectual property, but when you are deciding if you should apply for a patent you should keep in mind that: 1) it takes work and it can be expensive to obtain a patent, and 2) patents protect your invention for a limited term, but they also disclose your information. Disseminating information while protecting inventors is one of the reasons patent offices exist. If you have invented something you think you can profit from but still want to keep the important details secret, you may opt not to get a patent.


Myth
A PATENT MEANS THE INVENTION WORKS

The government does not get involved in testing or verifying submitted inventions to see if they work.


Fact
A TRADEMARK CAN BE RENEWED FOREVER

Trademarks, unlike patents, can be renewed forever—as long as they are being used in business.


Fact
THE FIRST PERSON TO USE A TRADEMARK ACQUIRES THE RIGHTS

Generally, the first person to use a trademark is the first person to acquire rights to the mark.


Myth
STATE AND FEDERAL TRADEMARKS HAVE EQUAL STATUS

A federally-registered mark generally preempts a state-issued registration.


Myth
THERE IS NO DIFFERENCE BETWEEN A FEDERAL & STATE TRADEMARK

There is a difference. If the mark will only be used within the state of Texas, then the mark could just be registered with the Texas Secretary of State Office. If the trademark will be used beyond the borders of the state of Texas, it should be registered with the USPTO, as well as with the Texas Secretary of State Office.


Fact
A TEXAS TRADEMARK SHOULD BE UNIQUE

A mark must be in use in Texas and must be inherently distinctive or, if not inherently distinctive, it must have acquired distinctiveness through a person’s substantial and exclusive use.


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A Texas Tale

PATENT WEALTH?

While there is no guarantee that a patent will make you rich - it can happen! One example with a Texas twist is a family fortune built on a drill bit. The Hughes drill bit contributed significantly to the fortunes of Howard Hughes. A two-cone rotary drill bit was patented in 1909 by Howard Hughes Sr. and his partner Walter Sharp to address the problems they experienced first-hand drilling for oil in Texas. Hughes and Sharp formed the Sharp-Hughes Tool Company and manufactured these revolutionary drill bits for use in the oil industry. A three cone drill bit was invented by engineers at the Hughes Tool Company and patented in 1934.

Download the Hughes drill bit patents (PDFs)



  Patent 930758
  Patent 930759
  Patent 1983316



Diagram of the Hughes Drill Bit
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