This isn’t a simple decision for most inventors. You are likely stuck between wanting to protect your invention, but are also eager to assess how your product will do on the market and the need to attract investors.
Let’s consider the pros and cons of each option here.
- Faster, simpler process
- You can outline specifically the information you want protected
- More difficult to prove breach of agreement
- Provides no protection for others replicating work
- Foundation for filing a permanent patent in the future
- Protects invention
- Allow you to include “patent pending” on marketable content
- More complex
- You must include information about how the invention will be used (requires the invention to be totally ready for usability)
For some, it’s easy to identify that the provisional patent protects more. However, it does require that your invention is at a more refined stage. To best evaluate what you should do—you should consult a patent attorney.
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