- The provisional patent application provides the inventor with the all-important priority date.
- It offers an extra year of protection (which means instead of 20 years of protection if the patent is granted, it is 21 years).
- A 12-month period to more fully develop the product is provided (vital if development includes financing of rather important functions not yet in place.)
- It doesn’t require a specific format; in some cases, a design drawing and specification, a paper, or just a handwritten description along with a photograph is all that is filed.
- It is relatively inexpensive to file (for smaller entities; for larger entities.)
- It requires far less paperwork to be filed.
- The provisional patent application is never examined by the U.S. Patent Office, as with a regular patent application. It is only reviewed for formal maters such as to be sure a check is enclosed.
- After a provisional application is filed, the invention can be disclosed or sold without fear of losing patent rights so long as a full utility patent application is filed within a year of the filing date of the provisional.
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Howard M. Cohn & Associates has extensive and varied experience in all aspects of Intellectual Property law, with a unique specialty in patent and trademark preparation and prosecution. Schedule an appointment or call us at 800-613-1067.