Cost and Time For Patents
For a businessperson to be able to make an informed investment decision, he needs to know the cost and timeframe the investment will require and compare them to economic benefits. Today I am going to present the costs associated with obtaining a patent in a traditional patent acquisition timeline. After this, I will discuss how these costs can be deferred to lower the risk of an investment in a patent.
The first task in the traditional timeline for obtaining a patent is to have a
