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ARTICLE · 06 SEPTEMBER 2014

Overview Of The Patent Filing Process

A company should consider the cost, time and energy of filing a patent application, as well as the potential benefits of having a patent application pending.

United StatesIntellectual Property

Many companies require patent protection for their developed intellectual property, whether developing IP is the core function of the company's business or the IP is an outgrowth of pursuing other business goals.  A company should consider the cost, time and energy of filing a patent application, as well as the potential benefits of having a patent application pending before deciding whether to file for a patent.  Public disclosure, sale, or offer for sale of an invention before filing a patent application can have adverse effects (and can potentially destroy in some jurisdictions and in some situations) patent rights.  Therefore, considering applying for patent protection before such events, e.g., product launch, etc., may be beneficial for companies in some circumstances.

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