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I am ready to proceed with obtaining patent protection for my invention; should I file a provisional patent application or a non-provisional patent application?

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I am ready to proceed with obtaining patent protection for my invention; should I file a provisional patent application or a non-provisional patent application?

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The decision whether to file a provisional patent application or a non-provisional patent application is largely dependent upon available finances and the stage of development of the invention. Filing a provisional patent application provides the benefit of Patent Pending with a right of priority to a patent based on the provisional filing date, while allowing up to 12 months to further develop the invention and obtain funding. The cost to file a provisional patent application is significantly less than the cost to file a non-provisional (formal) patent application. In the end, however, filing a provisional patent application, prior to the non- provisional patent application, will result in a higher total cost in obtaining the patent and a longer time frame from the initial filing date of the provisional patent application to the date of grant of a patent.

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