The cost of filing for a provisional patent is an important factor for entrepreneurs and inventors to consider when deciding whether or not to pursue a patent.
A provisional patent is an application filed with the Patent and Trademark Office (PTO) to secure the rights to an invention for up to 12 months. This type of patent is relatively inexpensive and can be a great way to protect an idea during the early stages of development, before investing in a full utility patent. To get information regarding transitional patent cost, keep reading this article.
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Understanding the Cost of Filing a Provisional Patent
- The cost of filing a provisional patent application with the PTO varies depending on the complexity of the invention. Generally, it can cost anywhere from $100 to a few thousand dollars. The cost of the application also includes attorney fees, which can range from a few hundred dollars to several thousand dollars, depending on the complexity of the invention.
- The first step is to conduct a patent search to ensure the invention is novel. This will help determine the scope of the invention and the likelihood of it being granted a patent. This step can cost anywhere from $100 to $2,000.
- The next step is to draft the provisional patent application. This process requires a detailed description of the invention and can cost anywhere from a few hundred dollars to a few thousand dollars, depending on the complexity of the invention.
- Finally, the provisional patent application must be filed with the PTO. This filing fee is typically $65 for small entities and $130 for large entities. Once the application is filed, the inventor has 12 months to file a non-provisional application with the PTO.