Can the Patent Cooperation Treaty (PCT) help businesses and innovators in their seeking commercial success? Read the stories below in which PCT users explain how the PCT helped them.
“This PCT application has allowed us to reassure our investors and to raise our first round of funds. For a new start-up like ours, the additional period granted by filing an international application before deciding on which markets are of interest to us is particularly advantageous, taking into account the costs associated with filing an international application.”
“What makes PCT attractive to me is the time you gain for finding interested parties for your invention. The PCT timeframes were useful for trying to find stakeholders and convincing them of the benefits of investing in an invention based on the representation contained in the PCT application……”
“For an independent inventor like me, going through the PCT route has been very helpful. The first and most helpful part of PCT is the extended timelines for filing patents in different countries……”
“The guitar industry is global, given the ubiquity and importance of music worldwide. Due to the highly innovative nature of our guitars, we sought international patent protection in the key markets for guitar manufacturing. We did so for two primary reasons: 1) to protect our innovation against counterfeiting and 2) to increase the value of the company.”
“The most important feature of the PCT for us was the formal examination and international publication……”
“We very much appreciated getting an early view of the prior art, and we were able to make claim amendments in the national applications. We also very much appreciated not having to spend money on national applications before learning more about the prior art!”
If you have such a story about how the PCT helped you in seeking protection for an invention and you wish to share it with us and others, please complete the form below: