{"id":8945,"date":"2021-10-21T09:50:58","date_gmt":"2021-10-21T09:50:58","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=8945"},"modified":"2021-10-21T12:02:20","modified_gmt":"2021-10-21T12:02:20","slug":"advantages-disadvantages-of-the-patent-cooperation-treaty-pct","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/advantages-disadvantages-of-the-patent-cooperation-treaty-pct\/","title":{"rendered":"What are the Advantages &#038; Disadvantages of the Patent Cooperation Treaty (PCT)?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">In 1970, the Patent Cooperation Treaty was introduced to give economic &amp; streamlined means for filing Patent Applications in various nations. As the value &amp; scope of <strong><a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/patent-registration\">Patent Registration<\/a><\/strong> or Protection increase over time, the need for such a treaty has only been validated. However, as businesses move to <strong><em>seek International Patent Registration under PCT<\/em><\/strong>, the advantages and disadvantages of PCT have also emerged. Scroll down to check the advantages &amp; disadvantages of the Patent Cooperation Treaty (PCT). <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a2cd1a2249\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a2cd1a2249\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/advantages-disadvantages-of-the-patent-cooperation-treaty-pct\/#What_is_Patent_Cooperation_Treaty_PCT\" title=\"What is Patent Cooperation Treaty (PCT)?\">What is Patent Cooperation Treaty (PCT)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/advantages-disadvantages-of-the-patent-cooperation-treaty-pct\/#Advantages_of_Patent_Cooperation_Treaty\" title=\"Advantages of Patent Cooperation Treaty\">Advantages of Patent Cooperation Treaty<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/advantages-disadvantages-of-the-patent-cooperation-treaty-pct\/#Disadvantages_of_Patent_Cooperation_Treaty_PCT\" title=\"Disadvantages\nof Patent Cooperation Treaty (PCT)\">Disadvantages\nof Patent Cooperation Treaty (PCT)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/advantages-disadvantages-of-the-patent-cooperation-treaty-pct\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Patent_Cooperation_Treaty_PCT\"><\/span>What is Patent Cooperation Treaty (PCT)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Before\nwe discuss the advantages &amp; disadvantages of PCT lets, understand the\nmeaning of PCT. It&#8217;s a global IP (Intellectual Property) agreement that\nprovides Patent protection in various nations via filing a single Patent\napplication. The PCT is governed and regulated by the <strong><em>WIPO (World Intellectual Property\nOrganisation), <\/em><\/strong>which has more than 150 countries as signatories, which\nare also known as the PCT Contracting States. <\/p>\n\n\n\n<p>The PCT makes it achievable to seek Patent Registration for an invention at the same time in each of a considerable number of nations by filing an international Patent application.&nbsp;Such Patent application may be filed by anyone who is a resident\/national of a PCT Contracting State. It may usually be filed with the national Patent Office of the Contracting State of which the candidate is a resident\/national or at the candidate&#8217;s option with the <strong><em>IB (International Bureau) of WIPO in Geneva<\/em><\/strong>.<\/p>\n\n\n\n<p>Filing\nan application for Patent Registration under Patent Cooperation Treaty implies\nprotecting legal protection for an invention or innovation under <strong><em>Patent\nLaw<\/em><\/strong> in more than 150 nations at once. Foremost international\ncorporations, research institutes &amp; universities seek Patent protection\nthrough this treaty. It protects candidates against unintentional errors or\nmistakes which are far more likely to occur if a separate Patent application is\nfiled in every nation of interest.<\/p>\n\n\n\n<p><strong><em>Need\nfor Introducing Patent Cooperation Treaty:<\/em><\/strong><\/p>\n\n\n\n<ul><li>Bring the world within reach;<\/li><li>It is efficiently used by the\nworld&#8217;s big corporations, research institutions and universities when they seek\nInternational Patent Protection;<\/li><li>Gives robust grounds to the\nuser for patenting decisions;<\/li><li>It eliminates major expenses\nand gives users with extra time to consider their different Patent granting\noptions.<\/li><\/ul>\n\n\n\n<p><strong><em>Basic\nFeatures of PCT System:<\/em><\/strong><\/p>\n\n\n\n<ul><li>Recovery is executed by one\noffice;<\/li><li>148 nations and 4 regional\nPatent Systems;<\/li><li>Formal Examination is done by\nsingle office;<\/li><li>Global protection is done by\none office;<\/li><li>Single application with statutory\neffect in all Patent Cooperation Treaty nations.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantages_of_Patent_Cooperation_Treaty\"><\/span>Advantages of Patent Cooperation Treaty<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Following are some important advantages of the Patent Cooperation Treaty (PCT):<\/em><\/strong><\/p>\n\n\n\n<ol><li><strong><em>Proper Reasons for Patenting Decision<\/em><\/strong>: Once the applicant files an application for Patent protection under PCT, WIPO sends an international Patent Search Report and a perspective on the product&#8217;s patentability; both make obtaining a grant of a Patent in chosen nations considerably easier. The details also play an essential role in assessing the prospects of obtaining a Patent.<\/li><li><strong><em>Concurrent Patent Protection<\/em><\/strong>: When the Patent applicant files an application in the United States, it is likely to prevent the opportunities of obtaining Patent protection in other nations. That\u2019s the area where the PCT plays an important role. The Patent Cooperation Treaty permits businesses to have concurrent Patent protection in the PCT Contracting States, including the United States (US).<\/li><li><strong><em>Time-Effective Process: <\/em><\/strong>Filing an individual Patent application in all the PCT states would require changing the application as per the rules &amp; regulations of each member country. The process will be not only daunting but also time-consuming. Some of the Contracting States also have <strong><em>PCT-Patent Prosecution Highway Agreements<\/em><\/strong><sup><a class=\"text-primary\" href=\"https:\/\/ipindia.gov.in\/newsdetail.htm?593\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> that enable even quicker processing.<\/li><li><strong><em>Complete Global Patent Search: <\/em><\/strong>When an applicant files a Patent application with WIPO under PCT, the organisation conducts an international Patent Search that enables candidates to determine whether the innovation can be patented around the globe. This information can considerably affect the decision of patenting the innovation.<\/li><li><strong><em>Chance to Change Patent Applications: <\/em><\/strong>Candidates get a chance to change a PCT application before entering national phase countries. Alternations can be made on a voluntary basis or to address the search &amp; examination report which is issued by PCT. <\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_Patent_Cooperation_Treaty_PCT\"><\/span>Disadvantages\nof Patent Cooperation Treaty (PCT)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Following\nare some important disadvantages of the Patent Cooperation Treaty (PCT):<\/em><\/strong><\/p>\n\n\n\n<ol><li><strong><em>Patent Process is Expensive:<\/em><\/strong>\nThe Patent Cooperation makes the process of Patent Registration a bit expensive\nas it requires an applicant to execute the Patent application separately in\neach nation. It also costs attorney fees in the global phase. But, the process\ncan give encouraging and cost-effective solutions like streamlined\nprosecutions. But, PCT fee reductions are available when the Patent Cooperation\nTreaty application is filed digitally, or the candidates belonging to\ndeveloping nations get a 90% decrease in the official filing fee.<\/li><li><strong><em>Limited Patent Coverage:<\/em><\/strong>\nYou can get only utility Patents via Patent applications under the PCT. You\ncan\u2019t Patent a design via this process. The process also creates examination\ndelays &amp; it takes time to get a Patent through the PCT route. However, PCT\ngives you an extra 18 or 19 months to choose the nations of interest.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Patent Cooperation Treaty brought a massive revolution in the area of innovation for the inventor; due to this, PCT enjoyed great success &amp; continued growth across the globe. PCT brought a revolution in the way through which Patents are obtained across the globe. The time delay feature of the PCT preserves user Patent options, delays costs, giving the user extra time to get financing &amp; assess commercial, partnership &amp; licensing chances. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/blog\/drafting-patent-claims\/\">All You Need to Know About Drafting Patent Claims<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 1970, the Patent Cooperation Treaty was introduced to give economic &amp; streamlined means for filing Patent Applications in various nations. As the value &amp; scope of Patent Registration or Protection increase over time, the need for such a treaty has only been validated. However, as businesses move to seek International Patent Registration under PCT, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":8946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[55],"tags":[883],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/8945"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=8945"}],"version-history":[{"count":10,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/8945\/revisions"}],"predecessor-version":[{"id":8958,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/8945\/revisions\/8958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/8946"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=8945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=8945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=8945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}