Discover how trademark, patent, and software law can help small business, entrepreneurs, and inventors. Check my blog for questions and answers.

Time is of the Essence: How speedy filing preserves your patent rights

Filing a patent application has a number of legal effects.

  • Competitor’s activities, which would have been Prior Art before your patent application was filled, may eventually be found to infringe your patent.
  • The patent application is a licensable, transferable property right.
  • Patent rights have begun to expire, and future costs approach each day.

After filing a patent, invention development or licensing plans should move forward immediately. Patent costs will continue. Patent protection is for a limited, always-shrinking time. To best leverage your investment, plans should move quick.

Licensing activities can begin immediately. A patent can be licensed before issuing. Some licensees prefer to license before a patent issues. This allows the licensee to influence or control the patent process.

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How to Claim a Software Patent