What is the Patent Cooperation Treaty (PCT)?

The Patent Cooperation Treaty (PCT) is an international agreement that provides a unified procedure for filing patent applications in countries all over the world. It was signed in 1970 and operates under the World Intellectual Property Organization (WIPO) in Geneva, Switzerland. The PCT allows applicants to file a single application to protect an invention in multiple countries. The process, which is less expensive than filing individual applications in each country, helps applicants save time and money. After the application is filed and accepted, a “patent cooperation treaty search report” is provided to the applicant so they can determine whether it is worthwhile to proceed with the application in each particular country. In North Carolina, the PCT is recognized by the US Patent and Trademark Office. In addition, North Carolina’s patent law already incorporates the provisions of the PCT, meaning applicants can claim the benefits of the PCT without having to file a separate application. The benefits of the PCT are tremendous. Not only does it help applicants save time and money, it also helps promote the global economy by encouraging international patent cooperation. Furthermore, by filing one application, inventors can better protect their intellectual property around the world, giving them assurance that their work will not be copied or stolen by someone else.

Related FAQs

What are the different types of patents?
What is copyright infringement?
What are moral rights in intellectual property?
How do I determine if I have a valid copyright or patent?
How long does it take to obtain a patent?
What is the U.S. Patent and Trademark Office?
What is the protection afforded by a trademark?
Are trademarks internationally protected?
How do I register a domain name?
What is a public-domain work?

Related Blog Posts

The Supreme Court’s Role in Intellectual Property Law - July 31, 2023
Benefits of Protecting Intellectual Property Rights - August 7, 2023
Understanding Trademark Law Basics - August 14, 2023
What is the Difference Between a Patent, a Trademark and a Copyright? - August 21, 2023
How Can an Intellectual Property Lawyer Help Your Business? - August 28, 2023