All You Need to Know About Starting a Company
What is a Provisional Patent?
As a patent can be so vital in maintaining a business, a provisional patent is a way for many inventors to patent their future or ongoing inventions in advance even before they are finalised. It will help them to have an early ownership of their invention. The first-to-file system is followed in India, so it would make sure that provisional patent holder will also be the first one to have it granted as the permanent patent. After getting a provisional patent, you need to file for the permanent patent within 12 months. If you are failed to do so, your application will be abandoned completely.
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GuideSkillAdvantages of Provisional Patent
Minimal Information Required
As your invention is at a very early stage, you just need to provide the title, the field of your invention, its nature and potential uses to file a provisional patent application.
Early ownership
It will help inventors to have an early ownership of their invention. The first-to-file system is followed in India, so it would make sure that provisional patent holder will also be the first one to have it granted as the permanent patent.
Assess Market Potential
With the help of the provisional patent, you can assess the market potential of your invention at a very early stage.
Provisional Patent Process
- You are required to fill in us with details related to the patent search like uses of the invention, benefits over existing products or processes. A patent attorney will work on your case and conduct a thorough search of the patent database.
- Once we get the confirmation that the product is patentable, our attorney will draft your application and make sure that the application will provide the specific and wide details of your invention to have a better protection to it.
- After this, the application will be filed with the Registrar. If accepted, you will be able to use 'Patent Pending' on your invention any time over the next year.
