Home PatentsBefore
You ApplyIs
a Patent the Best Option?
Is a patent the best option?
Alternatives
for protection
What
if I decide not to patent?
If you have developed a new product or process, the issue of patenting should
be considered as an integral part of your overall business strategy together
with factors such as profit potential, finance, production and marketing.
The patent system is structured to enable you to make this decision before
the major costs of patenting are encountered.
For example, filing a provisional application is quite inexpensive and it gives
you 12 months to consider the commercial worth of your invention and to resolve
issues such as finance and licensing. You will then be in a better position
to decide if further effort in pursuing patent protection is worthwhile.
Similarly, you can file an international application, which allows you to defer
the costs of obtaining patents overseas, while you decide which foreign markets
should be protected.
Alternatives for protection
Protection that you should consider as an alternative or in addition to patents
include:
For more information on other forms of IP protection, see our What
is Intellectual Property? section.
What if I decide not to patent?
Having considered all the issues you may decide that patenting is not the best
option for you. Perhaps you prefer to keep your invention as a trade secret,
for example. In that case you would have to assess the risk of someone obtaining
your invention through industrial espionage or, if your invention is a product,
by reverse engineering.
You also need to consider the consequences of someone else independently developing
the same invention.
Another alternative is to openly use and publish details about your invention.
This will prevent someone else obtaining a patent for the same thing, but could
also allow your competitors to freely use your invention for their own benefit.
|
