Patent Renewal Service Made Easy
Filing a patent can be quite cumbersome for someone not quite familiar with the process. Similarly, getting the patent renewed may also be troublesome, and each individual may not have the time to get things done here. This is the reason why patent docketing specialists are present. They ensure and pursue the docketing process systematically such that filing is completed on time. Any law firm that deals with patents would be better off handing over the filing jobs to these specialists.
Keeping Track of Deadlines
Clients can leave the job of tracking deadlines for patent renewals to the specialists and not worry about the same. The reputed specialists will always provide good quality and prompt patent renewal service. Filing an application may even take more than a year in certain cases. Specialists are skilled and experienced at patent docketing management to ensure that patents go through.
Top Features of the Best Patent Docketing Companies
Available as per Budget – Cost control is very important for managing the patent renewal portfolio. To ensure healthy business, specialist companies offer discounts in various countries.
Intuitive Features – Setting renewal instructions are an example of the intuitive features offered by patent renewal companies. Such features are meant to make the entire process of filing a patent stress-free.
Market Support in Asia – Certain patent docketing companies provide market support for all companies which need to get patent renewal done.
Calculate the Renewal Fee – Calculators are available on websites to calculate the renewal fee for a patent. All instructions and features are clearly described on patent docketing websites.
Tailor-Made Services – B2B customers may opt for quarterly or monthly service cycles with either case-by-case instructions or automatic renewals. A large range of data exchange and IP management software integration will be available.
Mitigating Risk – Law firms decrease the risks of managing client renewals through services by reputed docketing specialists. The teams present here constantly monitor a huge number of renewal laws across very jurisdictions to benefit their clients.
Billing in Same Currency – By billing clients in their own currency, they eliminate the complexity of handling different currency transactions across various jurisdictions.
Types of Patents
Patent types in the US are based on the following criteria:
Design – These are meant for someone who invents an original and brand-new design for a particular article of manufacture
Plant – Anyone who is able to discover, invent, or asexually reproduce a new variety of plant
Utility – This type of patent is meant for someone who discovers or invents a useful and new process, machine, composition of matter, article of manufacture, and any useful improvement
‘Process’ is used to define an act or method by law, and includes technical or industrial processes.
‘Manufacture’ is for the all the articles that are made or manufactured. Useful is used to denote the subject matter has a major purpose, and this should also include operative-ness.
Payment of Fees for Renewal
Patent holders need to pay renewal fees to ensure that their patents remain active. If the fees are not paid in a year, it leads to permanent cancellation of the patent. As the renewal decisions are dependent on economic criteria, it makes sense to renew only if the cost of holding a patent for another year is more than the cost of renewal.
While coming up with the concept of renewal fees, the US government had two objectives in mind:
Not put an undue burden on patentees, which were largely small businesses earlier
To allow the patent office to recover its costs
The law in the US for patent renewal from the one followed in Europe.
Information about Blockchain Patents
Now here’s some information with respect to Blockchain, which is the latest technology to cause a storm over the Internet. A look at various companies in this space will reveal how it has suddenly turned into a hub of patent activities. Compared to the number of issued patents, the published applications are 3-4 times more. Blockchain patents are clearly poised for a surge over the next few years. But due to the latest changes in patent law, the patentability of these inventions needs to be analyzed properly.
Spreading awareness about patent renewal services is a major challenge in today’s world. The necessity is being felt even more as more and more patents are being issued by corporates. Also, there is a major need to simplify the entire process of renewal. Technology is the best possible way of making things simple here.
Online Facilities
Patent renewal can be done from home, as the entire process has become online now. All that is necessary is a working Internet connection. All the reputed patent docketing companies have their own websites where this job can be done. It is very important for businesses to set systems for taking charge of the entire renewal service.