When you feel that your invention has reached a stage where you can disclose it on paper, then you may apply for a provisional patent with provisional specifications. Provisional patent increases the chance of obtaining patent registration. A provisional patent is draft specification filed mainly to secure a priority date over any other application which could be filed in respect of the same invention. By filing provisional patent application you can restrict your competitors.
A provisional patent application has 12 months potency period from the date of filing after which the applicant has to file the complete specification. If the complete specification not filed within 12 months, the provisional patent application is considered “abandoned”.
Benefits of provisional specification –
- Lower cost and faster preliminary process.
- Establishes an official patent filing date in advance.
- 12 months to assess the commercial viability of your invention.
- “Patent Pending” notice deters potential theft.
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This information is in summary form and is therefore intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgment. Mind Sync does not accept any responsibility for loss occasioned to any person acting or refraining from action as a result of any information provided herein. On any specific matter, reference should be made to the appropriate advisor.