Often times, we come across with
inventors who have lapsed or abandoned patent applications due to non
compliance with the deadlines and time limits.
Especially when you deal with USPTO, the petition fee for the revival of
abandoned patent applications can be as high as $850 (for small and micro
entity) to $1700 ( Large Entity) as per current fee schedule. Not to forget,
the delay that an inventor faces when the abandoned application is being
processed for revival.
In a nutshell, if you are a start
up or a solo inventor, the revival fee may be a little expensive to keep things
going when you’re already on a tight budget.
As an IP advisor, I may suggest “Prevention is better than cure”. All
the potential inventors who wish to file Patent or Trademark applications shall
not miss the respective Patent & Trademark Office correspondence. The
correspondence itself bear deadlines for respective cases. If you as an
inventor or start up find it too much to handle, you may employ legal professionals,
attorneys and advisors for docketing purpose. In case you have prospective IP
queries, kindly touch base with me at contact@patfrigate.com
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