Less expensive and easier to file than a full (non-provisional) patent application, a provisional application filing buys you time (up to 12 months) to figure out how to market your newest invention and raise much needed capital, while allowing you to claim ownership of the idea as of the date of the filing. Securing a priority filing date is critical because as far as the U.S. government is concerned, ownership rights go to the person who can prove he or she came up with the idea first.
Thursday, June 28, 2007
The urban legend continues in regard to provisional applications. One advice article (by an unknown author) puts it this way for its unwary readers: