Business Services Industry

Inventing Business

Entrepreneur, April, 2001 by Don Dedelak

At only $75, provisional patents may seem Like a great bargain, but they have a big drawback: You must apply for the more expensive utility or design patent (applying for a standard utility patent costs $355) within one year of submitting your provisional patent in order to get standard patent protection. Otherwise, you'll lose your patent rights.

COPYRIGHT 2001 Entrepreneur Media, Inc.
COPYRIGHT 2008 Gale, Cengage Learning

 

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