One reason I like to suggest starting with a provisional patent application as a way to start the patent process is that they are cheaper to prepare (since there are no formal requirements) and that the filing fee due to the United States Patent Office at the time of filing is only $130 for small entities (i.e., individuals, universities, and businesses with 500 or fewer employees). This saves you several hundreds of dollars when compared to the fees for filing a non-provisionIn fact, if you are a small entity, the filing fee is only $65, which is even lower.
See Micro Entity Discount Implemented by USPTO.Provisional patent applications are less expensive to prepare from an attorney’s perspective because there are no formal requirements. As a result, we can concentrate on disclosing the invention in its entirety while still preparing an extremely detailed application that costs only a fraction of the cost of a nonprovisional patent application (i.e., regular application for provisional patent). This is true regardless of the filing fee that must be paid to the USPTO.
Many patent attorneys and patent agents will doubt your ability to prepare a provisional patent application in the same amount of time as a nonprovisional one.I’m here to tell you that it’s not only possible, but that I do it all the time, as do many other lawyers I know at other firms and other attorneys at my firm.Portray anything that you would be able, record a temporary patent application and work toward idealizing the development and checking whether there is a market.That’s how provisional patent applications work best, and that’s why they’re a useful tool for people with limited funds—which is, ultimately, everyone in the patent industry.Even the largest tech companies lack the funds to safeguard their inventions.As a result, once you have something patentable, you take responsible steps to secure rights.
The 75-25 rule applies to the majority of applications for provisional patents.It will take 75% of the time to complete the final 25%, while 25% completion will take 25% of the time.As a result, when filing a provisional patent application, you should make sure you have all the information we need to prepare a nonprovisional patent application later.A provisional patent application can have one or more additional documents attached, and numerous drawings, sketches, and even photographs can and typically do be filed as part of this.
If the appropriate provisional patent application has been submitted, you will be able to market the invention without having to worry about losing your patent rights and will be able to generate cash to continue with development or other patent activities.To put it another way, the provisional patent application serves as a break in the process of obtaining a patent.