Provisional Patent Applications
Provisional Patent Applications are intended for inventions, which are in the early stages of development. By filing a Provisional Application, an inventor gains one year to shop their invention around or look for investors or manufacturers while still enjoying "patent pending" status. A Provisional Patent has the advantage of having a low cost filing fee; however, a full Utility Patent Application must be filed within a year of filing the Provisional Application in order to preserve patent rights.
A Provisional Patent Application can increase the life of a patent from 20 years to 21 years; however, whether a Provisional Patent Application is the best for your situation is a business decision, which should be consider carefully. Call today for a free phone consultation to discuss you particular situation and whether a Provisional Patent is right for you.
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