Patenting Your Invention – Five Common Mistakes to Avoid

A road to gaining significant profits by commercializing an invention begins with filing of a patent application for obtaining a patent. There are many common mistakes, which an applicant commits that may lead to undesirable consequences such as failure to obtain the patent even if the invention has potential to bring high monetary value to the applicant. Some of the common mistakes that an applicant can avoid for smooth flow of patenting process are: Mistake 1: Delay in Filing Patent Application Many countries have opted for a first-to-file system. Under this system, the right to grant of a patent for an invention... Read More