If you or someone you know has come up with a brilliant invention or idea, then you can set out to find out how to get a patent protection and how much does it cost to do so. A patent serves as a safeguard for your idea, by preventing other people or companies falling within a certain geographical jurisdiction from imitating your invention, without seeking your permission.
First time entrepreneurs may think twice about spending on having an idea or invention patented, considering the costs involved. But you shouldn’t be discouraged by the initial cost of getting a patent. Would you rather spend your money on getting a patent or you prefer to spend money on litigations. Well the choice is yours. Now once you get a product or idea patented, you can have the product produced or licensed to another business entity; and you get to earn royalties without lifting a finger.
Why You Must Get a Patent Protection regardless of the cost
A patent can be applied for a vast assortment of merchandise or intellectual properties. Scientists, celebrities, entrepreneurs may come up with unique innovations and many of them go through the long and tedious process of having their inventions patented. Not all people share the view that patents are worth getting, though. Some say the process of acquiring one is too complex, and there are people who regard patent offices as being overworked. But I believe that the patent process is worth it in the long run.
Now imagine for a minute what would happen if sleek and cool inventions like the iPhone or other original technologies developed by Apple, were not patented. Companies will duplicate each other’s technologies and the original creators will not be able to collect license fees. In recent years, corporate infringement cases have been raging on, illustrating that companies truly need to patent their products.
There are bound to be other parties in other parts of the world keen on developing the same product lines. Successful firms like Facebook and Yahoo are examples of big companies all tangled up in patent infringement cases, highlighting the importance and need for cutting-edge innovations to have some protection. It is a matter of giving credit where it is due. Companies whose patented technologies were infringed may seek redress in courts, and claim damages and reimbursement of profits made by others from sales of products using the patent owner’s ideas. So whether you are a start-up entrepreneur or young inventor, you surely won’t be wasting your time finding out how to get a patent protection and how much it cost.
How to get a patent protection and how much does it cost
The writing and filing of a patent application may run up to thousands of dollars. Attorney’s fees along can make it go higher than $15,000 (fifteen thousand dollars ), depending on how simple or complex an invention is. In the UK, the application fee may range from £230 to £280 English pounds. Getting patent protection outside the US can run up to hundreds of thousands of dollars.
To get patent protection, the first thing you need to do is to conduct a thorough search of records to see if anyone else has already patented an idea that may be quite similar to yours. After searching the net, you can proceed to the Patent Office. Beforehand, you need to also draft all the relevant sections, including an accurate description of your invention, to be attached to a completed form. You can actually enlist the services of a patent agent or attorney to do the necessary steps for you, but you can fasten the process by knowing the various steps, including determining how to get a patent protection and how much does it cost.