LEARN ABOUT PATENTS AND WHY THEY’RE IMPORTANT

So, what is a patent?

A patent is a way to protect your intellectual property. With this legal protection, you’re able to stop others from stealing, manufacturing, marketing, or distributing your invention

Patents

  • A patent is a right granted to an inventor by the federal government that prevents others from marketing, manufacturing, distributing, or stealing their invention

 

  • Legal protection issued by the United States Patent and Trademark Office (USPTO)

PATENT PENDING

  • An inventor is able to label his or her invention as ‘patent pending’ once a patent application has been filed with the USPTO 
    • Having ‘patent pending’ status can deter other inventors from bringing an identical or similar product to market since they know you’ve already started the process and filed a patent
  • When you file a patent application, it establishes a filing date for your invention
    • Getting a filing date is important because if someone else files an identical or similar patent, whomever has the earliest filing date would be granted protection

KEY TAKEAWAY: Patents grant legal protection so others cannot steal your intellectual property.

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