Protecting Your Intellectual Property Internationally
Do you sell products in multiple countries? How are you assuring your intellectual property is protected? Do you know about “Foreign Patent Applications” or “PCT’s”? If not, you may not be adequately protecting your intellectual property abroad!
When you sell your product in multiple countries you are vulnerable to other companies stealing your idea and reproducing your intellectual property as their own.
How do you protect yourself?
To protect your business from being taken advantage of you may consider filing a foreign patent application. You may ask, what’s a foreign patent application? It’s a request at a foreign patent office for the grant of a patent for the invention described and claimed by that application. An application typically consists of a description of the invention, together with official forms and correspondence relating to the application.
Foreign patent protection will prevent others from profiting from your idea abroad. Many countries allow you to claim priority from your U.S. application. For utility patents you can file with priority status within one year of your original filing date in the U.S. under the Paris Convention, or six months from your original filing date for design patent applications. A utility patent protects the functional […]