{"id":1023,"date":"2022-02-03T20:22:44","date_gmt":"2022-02-03T20:22:44","guid":{"rendered":"https:\/\/inventedly.com\/?page_id=1023"},"modified":"2022-02-03T20:22:45","modified_gmt":"2022-02-03T20:22:45","slug":"what-is-abandoning","status":"publish","type":"page","link":"https:\/\/inventedly.com\/index.php\/resources\/patent-prosecution\/what-is-abandoning\/","title":{"rendered":"What is abandoning"},"content":{"rendered":"\n
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\n\t\t\tHome<\/a>\n\t\t<\/span>»<\/span>\n\t\t\tResources<\/a>\n\t\t<\/span>»<\/span>\n\t\t\tPatent Prosecution<\/a>\n\t\t<\/span>»<\/span>\n\t\t\tWhat is abandoning\n\t\t<\/span><\/div>\n\n\n

What is abandoning?<\/h2>\n\n\n\n
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This is a hard subject often for inventors.\u00a0 To talk about abandoning a patent application is somewhat akin to having to break up a long term relationship.\u00a0 You\u2019ve invested time, money, and energy at this point.\u00a0 Can abandoning really be an option?<\/p>\n\n\n\n

The answer is simply that yes it is an option.  And that all may depend on the strategy associated with the client.  For example, let\u2019s say that we filed a patent designed to penetrate the market.  Unfortunately, however, while the application was being prosecuted, your competitor released a similar product with a granted patent that would predate your product.  Although you could proceed forward and try to \u201chedge\u201d in the patent of your competitor, it may also make sense simply to say that the market\u2019s saturation may exceed the value of getting the patent.<\/p>\n\n\n\n

Abandoning a patent application is very much an economic cost\/benefit analysis.  On one hand, spending an additional $10k may help get the patent to grant, but then you have to consider at the expense of what.  For example, that same $10k could be invested towards a separate patent that may be targeted for a market niche not yet exploited. <\/p>\n\n\n\n

In other words, the same amount of money may be better spent \u2013 which may provide a reward with greater value and protection \u2013 than an otherwise less desirable route.  The reality is that sometimes we simply do not know the market conditions until we are in the midst of the prosecution process.  Based on such an analysis, however, abandoning an application may be in the client\u2019s best interest because that may free up some financial resources, which may then be used on some other avenues of protection.<\/p>\n\n\n\n

As such, abandoning does not mean giving up.  It simply means to strategically assess the value of the patent even while it is being examined.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

What is abandoning? This is a hard subject often for inventors.\u00a0 To talk about abandoning a patent application is somewhat akin to having to break up a long term relationship.\u00a0 You\u2019ve invested time, money, and energy at this point.\u00a0 Can abandoning really be an option? The answer is simply that yes it is an option.  […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":965,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-1023","page","type-page","status-publish","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t