21/07/2023 Financial & Legal Services
A provisional patent application is a valuable tool in the process of securing patent rights for an invention. It offers inventors a quick and cost-effective way to establish an early filing date and secure a priority date for their innovative ideas. A provisional patent serves as a temporary placeholder that provides a ""patent pending"" status for the invention, giving the inventor time to further develop and refine the concept before filing a formal non-provisional patent application.
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