Provisional Patent
Benefits of Provisional Patent
Provisional patent applications are cheaper to prepare
They can be filed immediately as there no need to draft claims
Provides priority date/first to file privilege to the inventors
It does make a good sense to file at least a PROVISIONAL PATENT on an invention that will help protect a suitable return for the inventor.
For businesses, innovation is the most important means of staying competitive in the marketplace, and the only way to keep that competitive advantage is to protect innovative ideas and prevent other companies from using them. Patents provide a way for businesses to keep their ideas safe from other users, at least for a period of time.