Protecting your intellectual property is of utmost importance when you have inventions you want to bring to market. Whether you keep your work quiet during the development stage or publicly build anticipation, you would be wise to protect your rights before someone else tries to lay claim to your ideas.
But while filing a patent application is important, it may be even more crucial to recognize that there’s no patent that will protect your concept worldwide. However, an International Patent Application can help you apply for protection in multiple countries.
How the Patent Cooperation Treaty (PCT) can help you protect your concept
With 152 contracting states involved with the international treaty, the PCT provides the opportunity for you to apply to numerous countries through filing a single patent application. In addition to extensive protection, some of the ways you may benefit through the PCT are:
- International recognition of your invention. This can provide others the opportunity to evaluate your invention’s patentability.
- The international search report can provide relevant information about the patentability of your invention. In return, it could guide your decisions about how to move forward.
- An extended period of time allows you to pay necessary fees, appoint patent agents and translate documents.
Some of the world’s largest research institutions, corporations and universities use the PCT when seeking multinational patent protection. You may be wise to do so as well.
Protecting your intellectual property is an international undertaking
The United States, Sweden, Japan, the Russian Federation and multiple countries throughout Africa joined the collaborative effort in 1978. In 1990 Canada joined the organization, and China has been a member since 1994.
You dedicate your time, attention and resources to your inventions. Why wouldn’t you do everything within your power to give your intellectual property the protection it deserves?