The overall cost to get a granted utility patent is around $7000 to $20,000. This includes the short term costs to prepare and file a utility patent application and the long term costs to examine the utility patent application.
Can I file my own utility patent?
You can file a patent application on behalf of yourself or your co-inventors. Alternatively, you can hire a registered patent agent or attorney to file your application for you. Patent applications require both legal and technical expertise and even small mistakes can dramatically compromise the value of the patent.
Is it worth getting a utility patent?
Utility patents are worth it if you have an invention or product that you know you can either sell successfully or profit from by licensing the invention to third parties who will pay you an agreed-upon fee in exchange for being able to use your patented invention.
How hard is it to get a utility patent?
In turn, utility patents are difficult to obtain. For one, they are hard to write, the process may be time consuming and expensive to undertake, and their complexity may make them difficult to understand. Utility patents are issued by the U.S. Patent and Trademark Office (USPTO) and last for up to 20 years.
How much do utility patents sell for?
Design patent: approx. $2,000 to $3,500. Utility patent: approx. $15,000 to $45,000.