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Preparing to License Your Patent

On Behalf of | Aug 29, 2022 | Intellectual Property

Creating a new product is an exciting process. Your future feels full of promise as you prepare to share your invention with the world.

Whether you intend to use your product to improve the human experience or to reap the profits of its success, protecting your product is important. However, this process can often seem overwhelming and confusing.

Here’s what you should know as you get ready to license your patent.

Four (complex) steps

The patent application process consists of four steps: applying, examining, responding and granting. Although it may seem straightforward, navigating these steps is complex and requires intricate planning.

Getting ready to apply

Before you get start on the patent application, you should take a close look at the different types of patents and determine which suit your invention best. You will also want to thoroughly research other products that might be similar to yours in the market.

The United States Patent and Trademark Office (USPTO) recommends a seven-step strategy for performing a preliminary search and offers a tutorial. However, your search remains the first step before you consult with a legal professional who can help you perform a more thorough search.

Committing to the process

The path to patenting your invention can take months, depending on the complexity of your invention and type of patent you applied for. You may find that you need to reapply or go through several rounds of correspondence with the USPTO to obtain patent protection for the invention.

Getting the support you need

Since the patent process tends to be long, it is essential to have skilled support as you work through submitting your application. Wang IP Law Group, P.C. specializes in intellectual property law (patent, trademark, copyright, and licensing agreements), business and commercial litigation, and several other areas. We are well equipped to support your needs. Based in Los Angeles, our multilingual attorneys help patent applicants from all over the United States, Europe, the Middle East, and Asia.

If you have questions about the patent application process or would like a consultation about your patent, please contact us online or call us at our phone number (626) 269-6753.