Provisional Patent Application (1 year term) - Provisional applications are US applications for a patent which do not mature into an issued patent (not examined by the USPTO) unless further steps are taken by the applicant inside twelve (12) months of filing the provisional application.
What are Provisional Patents utilised for?
Such applications are created to present lower cost very first patent filing by reducing the formal needs such as not requiring formal drawings, claims, oath and declarations, or an information and facts disclosure statement then again, if drafted correctly the provisional application gives the inventor with an application priority date and "patent pending" status.
Note: A provisional application must be converted to a non-provisional application within 1 year of the filing date to sustain priority based on the provisional filing. Failure to file the non-provisional could result in loss of patent rights, such as a total bar to obtaining a patent.
Here is a checklist to assist you choose what type of patent is ideal for you:
What is my timeline for obtaining my invention to the marketplace?
Is there an urgency to market my item?
What is my spending budget for acquiring a patent?
As soon as patented, what is my marketing program?
Is there somebody I can call who has filed a provisional patent in the past?
Have I visited trusted sites to understand as much info as achievable about this kind of patent?
Lastly, I want you to realize that obtaining a patent can be the largest day of your life. Please do not jump into anything until you have completed your homework.
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