At the outset, patents are valuable business assets. They may have different values or levels of value depending upon many factors. In order for a business to determine whether or not to go forward with the patent process, several factors need to be considered. Many businesses invest in their patent portfolio in order to protect their assets, deter...
Read MoreUtility vs. Design Patents: Determining Your Patent Options
Written By: Lawrence A. Maxham December 2017 What is a utility patent? A utility patent covers the function and structure of products, systems, or processes, and improvements therefor. The disclosure for a utility patent is a complete description of all aspects of the structure and functions of the invention. The drawings are for assistance in supporting...
Read MoreFiling Provisional Patent Applications: Is it the Right Move for Me?
Provisional Patent Applications: A History Since being established in 1994 as an amendment to the Patent Act of 1952, which sought to create timing advantages, like that of the Paris convention of 1883 for foreign filing (you can read our previous blog on foreign filing here), provisional holds this date for foreign filing as well, provisional...
Read More