A patent does not guarantee monetary success by itself. An inventor gets paid by either selling the invention or by licensing or selling (assigning) the patent rights to someone else. Not all inventions are commercially successful. The invention may actually cost the inventor more money than he or she makes unless strong business and marketing plans are created. The drawing to the right is of Patent No. 1 issued on July 13th, 1836, to inventor John Ruggles for traction wheels. Provided by USPTO.
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