What are some effective patent strategies for SMEs?

What are some effective patent strategies for SMEs?

For SMEs, effective patent strategies include focusing on core innovations, conducting thorough market research, and considering international patents.

How can I determine if my invention is patentable?

You can determine patentability by checking if your invention is novel, non-obvious, and useful. Conduct a prior art search to see if similar inventions exist.

What are the costs associated with filing a patent?

Costs can vary widely, but typically include application fees, attorney fees, and maintenance fees. It's wise to budget several thousand dollars.

How long does the patent process take?

The patent process can take anywhere from 1 to 3 years, depending on the complexity of the invention and the backlog at the patent office.

What should I do if my patent application is rejected?

If your application is rejected, you can appeal the decision, amend your application, or seek advice from a patent attorney to improve your chances.