DF Bluem - Patent licensing | IP licensing | Patent marketing | Invention marketing | Licensing company - Leeds, UK
DF Bluem Infomation Hub - Leeds, UK
How much does a UK Patent cost
A UK patent costs around £350 if you produce and file the application yourself, or between £2,000 and £6,000 if you hire a patent attorney (depending on the complexity of the invention).
The costs to apply for a Patent are spread over a period of time.
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Initial cost - the drafting and filing of the application.
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12 months later - the Preliminary Search cost.
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12 months later - the Substantive Examination.
If you draft and file the application yourself, the costs are restricted to the official Patent Office fees - which are slightly different when paper filing compared to online.
If you employ a Patent Attorney / Agency, every action they undertake on your project, including discussing matters with you and the Patent Office will attract a cost - unless you've agreed to work together on a fixed fee arrangement - which is how we operate.
Are patents worth the cost ?
The answer is YES and NO. It all depends on a number of factors...
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The robustness and technical richness of the IP.
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The foundations on which the IP is based, i.e. the credibility/viability/feasibility of the project.
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You, your objective and resources.
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The good will of the competition.
A poorly drafted patent, lacking technical depth and easily circumvented, holds little value. In contrast, a well-crafted, technically robust patent that effectively prevents others from working around the invention can become a valuable asset due to the competitive advantage it offers.
Patents are a valuable tool but only if used wisely and in conjunction with a broader strategy for bringing the invention to market.
Why use a patent attorney ?
There is no law that dictates you have to use a patent agent / attorney to draft, file and secure new technological rights with the Patent Office. Anyone can do it !
However just because you can, doesn't mean you should. Unless you have the necessary experience and training, you will simply not have the expertise to :
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Assess prior art (existing patents or technologies) and whether your invention is truly novel.
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Understand what can and cannot be done to circumnavigate around the prior art.
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Compile the application that robustly protects the technology that prevents others from circumnavigating around the patent and gaining an advantage.
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Respond and overcome any objections the Patent Office raises.
Patent law and drafting a strong application are highly specialised skills.
What if you can’t afford a patent attorney ?
If hiring an attorney isn't feasible, you need to consider whether your business has the resources for the other steps in commercialising an invention. A patent is only a part of the process. Without a budget for product development, testing, and marketing, a patent alone will not be enough to ensure success.