If you're involved in the patent process, then it will
certainly be beneficial to understand what specific terms and phrases mean.
The terms "patent pending" and "patent applied for" are virtually the same concept. This means that you have applied for the patent, but have not yet been issued. Essentially, it indicates that you have applied for protection, but the details and scope of that protection are yet to be determined.
You may be curious as to why this status has any bearing in the
business world. Actually, it can let investors know that you have taken the
first steps and have a plan in the works. For some, this is enough to move
forward with further discussions.
If you are
looking for an experienced IP services in Vietnam to help you with your IP
application, you should visit ANTLawyers.vn. Our attorneys have experience with
the IP process and will work closely with you as you apply for your IP.
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