1. Loss of Novelty: If you publicly disclose your invention before filing a patent application, it can potentially jeopardize its novelty. This means your invention might lose its eligibility for patent protection if it becomes considered "public knowledge" before filing.
2. Copying and Competition: Early disclosure can expose your invention to potential copiers who might develop similar products or utilize your ideas without your permission. This can lead to increased competition and hinder your commercial success.
However, there is an option called ‘Grace Period’ to potentially safeguard your invention when it is disclosed in public for a limited period of time. However, below are several factors to be considered,
Limited Availability: It is important to note that not all countries offer a grace period for public disclosure. Be sure to research the specific regulations in the jurisdiction where you intend to file your patent application.
Specific Timeframes: Countries that offer grace periods have varying durations, with 12 months and 6 months being the most common.
Accidental Disclosure: These grace periods are typically intended for situations of unintentional or unforeseen public disclosure, not for planned or strategic releases.
Due to the complexities and variations in grace period applications, consulting a qualified patent attorney or a patent professional in the relevant jurisdiction is crucial. They can advise you on the specific rules, eligibility, and potential limitations associated with the grace period in your case.
Patent offices worldwide require full disclosure of the invention in the application itself. This disclosure includes detailed descriptions, drawings, and claims, encompassing the technical aspects and functionalities of your invention. This information becomes part of the public record, accessible to anyone upon request.
Below are few strategies for Balancing Secrecy and Disclosure:
Confidentiality Agreements: You can utilize confidentiality agreements or non-disclosure agreements, often called NDAs, to protect your invention during discussions with patent professionals, potential investors, collaborators, or manufacturers. NDAs legally bind individuals to keep the disclosed information confidential.
Provisional Applications: Patent offices, such as The United States Patent and Trademark Office (USPTO), offer provisional applications, which provide a temporary (12-month) filing option. This allows you to establish an early filing date and preserve your novelty rights while keeping the details confidential for a limited period.