2007-05-23 05:22:19 · 6 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
It will depend on a lot of factors including complexity of the patent application, caliber and quality of the patent lawyer used, etc.
To give you an idea IPWatchdog.com has a table of how much patent fees can cost depending on type of invention http://www.ipwatchdog.com/patent_cost.html
Type of Invention = Examples = Cost
Relatively Simple = electric switch; coat hanger; paper clip; diapers; earmuffs; ice cube tray = $4,000 to $6,500
Minimal Complexity = board game; umbrella; retractable dog leash; belt clip for cell phone; toothbrush; flashlight = $6,500 to $9,000
Moderately Complex = power hand tool; lawn mower; camera; cell phone; simple business method; microwave oven = $9,000 to $12,000
Intermediate Complexity = ride on lawn mower; video game; simple RFID devices; solar concentrator; = $12,000 to $16,000
Relatively Complex = shock absorbing prosthetic device; internet implemented business method with computer system = $16,000 to $25,000
Highly Complex = MRI scanner; PCR; telecommunication networking systems = $25,000 +
2007-05-23 05:29:02 · answer #1 · answered by imisidro 7 · 6⤊ 0⤋
any hack lawyer can probably figure out how to patent something. The problem is that his work won't be very good and likely won't deter anyone from infringing on your patent.
If someone does infringe and you don't sue, or can't afford to sue, or lose the suit because the legal work wasn't of the best quality, you've achieved nothing at all.
A good patent law firm's work will likely run $75,000 or more. And that is just for the work in the first country. If you're commercially successful in the year after your filing, you'll want to extend the filing to most other countries, which is likely to cost another $75,000 or so.
If you don't extend the filing and a businessman in another country thinks your idea could work, he'll start a business selling your product in every country except your first filed country because you'll have zero patent rights everywhere else.
Special rules and much higher expenses apply in very sensitive fields like medicine and drugs.
***
I have three patents. My son has six or eight. I've been there.
2007-05-23 05:39:41 · answer #2 · answered by Spock (rhp) 7 · 1⤊ 2⤋
Here is some helpful information in regards to your question: How much does a patent cost?
2014-09-02 06:57:03 · answer #3 · answered by Gary Dingledorfer 1 · 0⤊ 0⤋
Cost to Patent an Idea - Timeline
File provisional patent application - USPTO fee $65 (for most inventors, assumes micro entity status)
File non-provisional patent application - USPTO fees (filing fee, search fee, etc.) about $400
Patent Issue fee - USPTO fee $450
Maintenance fee (due 3.5 years after your patent is allowed) - USPTO fee $400
Maintenance fee (due 7.5 years after your patent is allowed) - USPTO fee $900
Maintenance fee (due 11.5 years after your patent is allowed) - USPTO fee $1,850
Please note these fees are spread out and they do not occur all at once. A timeline might help visualize how much does it cost to patent an idea:
2016-10-24 19:53:05 · answer #4 · answered by alfa 3 · 0⤊ 0⤋
It will take alot of time and money and it depends. My dream I have is to be an inventor but I will have to make baby steps until I can support my dream financially. I'm opening up 3 retail stores that can support my dream of being an inventor. It takes money to make money,
2007-05-23 05:30:52 · answer #5 · answered by Bri up 1 · 0⤊ 0⤋
Just the registration fees and possibly legal fees for a lawyer to write up the documents for submitting your patent for approval. Go to the website below for all the info you will need.
2007-05-23 05:25:44 · answer #6 · answered by kosmoistheman 4 · 1⤊ 2⤋
My Ex Back Success Story : http://ExBack.GoNaturallyCured.com
2016-01-26 16:06:21 · answer #7 · answered by ? 3 · 0⤊ 0⤋