For manufacturers in this industry today, protection of new ideas and innovations by way of patents, copyrights and trademarks (collectively, “intellectual property,” or “IP”) is critical for survival. Smaller companies, in particular, must protect their new ideas and innovations to increase their financial worth and,
The USPTO requires a filing fee with each application submitted. Applicants who qualify as a “small entity” enjoy a reduced fee schedule about 50% lower than the fees paid by large companies. Currently, the small entity fees are under $600, but fees are raised annually.