Legal Question in Business Law in Illinois

Patent

Is it possible to safeguard and idea for a product. The thought being because of the high cost to patent and produce a protype on an unknown is to approach a possible customer but would not want the idea stolen. Can this be done economically?


Asked on 3/10/08, 9:14 am

1 Answer from Attorneys
Patrick Tracy Patrick J. Tracy, Esq, P.E.,

Re: Patent

There are two things that you can do here. First file a provisional patent application. Second have the party sign a non-disclosure agreement regarding your product. The cost of filing a provisional patent application is less than 200.00 pro se.

Good Luck!

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Answered on 3/10/08, 12:11 pm


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