Results for tag: "Patent Cooperation Treaty"

The Patent Cooperation Treaty (PCT) is an international patent law treaty, concluded in 1970. It provides a unified procedure for filing patent applications to protect inventions in each of its contracting states. The PCT system allows applicants to file a single international patent application instead of filing several separate national or regional patent applications. This simplifies the patenting process and reduces the costs associated with obtaining patent protection in multiple countries. The PCT market is composed of patent offices, patent attorneys, and other patent-related services. Patent offices are responsible for the examination and granting of patents, while patent attorneys provide legal advice and representation to applicants. Other services include patent search and analysis, patent drafting, and patent portfolio management. Notable companies in the PCT market include the World Intellectual Property Organization (WIPO), the European Patent Office (EPO), the United States Patent and Trademark Office (USPTO), and the Japan Patent Office (JPO). Other companies include patent law firms, patent search firms, and patent consulting firms. Show Less Read more