Posts Tagged ‘Patent Prosecution’
Should I File A Provisional Patent Application?
You should never file a provisional patent application. Ever. In every case, a small company or independent inventor is better off by filing a complete, well-written, non-provisional patent application. One of the biggest hoaxes in the patent community is that provisional patent applications are a good thing. They are not. (You can learn more at…
Read MoreHow Much Does It Cost To File A Patent?
How much does it cost to file a patent? The US average is about $12k, but the total cost of a patent is closer to $60k. Have you been quoted much less? There are plenty of patent attorneys who quote much, much less than $12,000 to draft a patent application. But beware. One of the…
Read MoreWhat Does A Quality Patent Look Like?
What does a quality patent look like? We evaluate patents every day. We underwrite investments in intellectual property, either for financing patents before they are written or for providing loans against patents that already exist. After doing this for a long time, there are certain elements that we evaluate every time we pick up a…
Read MoreHow Much Do Patent Attorneys Charge
The average patent cost[1][2] about $60,000, and most of that goes to your patent attorney. How much do patent attorneys charge? Be prepared to pay them about $45,000 through the entire process. The patent process involves two major phases. Patent “preparation” is when the patent is originally drafted and filed with the patent office, and…
Read MoreAverage Patent Cost
How much does the average patent cost[1][2]? The US average is about $60,000. The average patent cost about $60,000. The patent process involves two major phases. Patent “preparation” is when the patent is originally drafted and filed with the patent office, and patent “prosecution” is the back and forth that happens with the examiner. Typically,…
Read MoreHow to Get a Good Patent
Photo by Sabri Tuzcu on Unsplash How to Get a Good Patent How to get a good patent? It is easy to get a worthless patent[1][2], but quite hard to file a good one. A good patent starts with a good invention. The invention should have a high value if the invention were to be…
Read MorePatents Need to Make Business Sense
Patents can be part of an overall business strategy, but they need to make business sense. In our business of investing and financing patent portfolios, we can only invest in patents that have real commercial value. From the startup’s perspective, there are several ways that a patent can have value. Merely having a patent pending…
Read MoreHow to Make Your Patent Strong Against Inter Partes Reexam
Strengthen your patent against Inter Partes Reexam One of the easiest ways for infringers to challenge an issued patent is through the Inter Partes Reexam process, commonly known as IPR. To successfully challenge a patent, someone has to produce a prior art document that would have changed the examiner’s mind. This is known as raising…
Read MoreWorthless Patents – How to Avoid the Biggest Pitfalls
Airplane wreckage on black sand beach, Iceland Worthless patent[1]s: they don’t have to be that way. Worthless patents happen for two reasons: the original invention was not selected properly and the patent was poorly prosecuted with the patent examiner. Properly selecting the invention is crucial for getting a good patent. Your conventional patent attorney will…
Read MoreWhat Do Patents Actually Cost?
How much does a patent cost[1][2]? The US average is about $60,000. There is a more detailed article on patent costs here. The patent process involves two major phases. Patent “preparation” is when the patent is originally drafted and filed with the patent office, and patent “prosecution” is the back and forth that happens with…
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