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The purpose is to gather information in order to better understand the market, assess the value of your invention, and evaluate the pros and cons of you invention. The cost of basic market research is generally $750 to $1,500, billed hourly at my hourly rate. Please note that this is a general research task, priced accordingly, to provide a cost effective means of assessing your invention. A more comprehensive valuation and market assessment would likely cost more than the patent application and is thus generally not cost effective for the small inventor. I can provide such searches if you are interested.
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Last Updated ( Monday, 22 December 2008 18:38 )
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