Patent pending is a term that means that a patent application has been filed in the U.S. Patent & Trademark Office but has not reached completion of the process culminating in either a granting or denial of the patent. The term is typically used by a manufacturer or seller of an article to inform the public that an application for patent on that article is on file.
For inventors, the protection afforded by a patent application can actually be as good as or greater than that of an actual patent, despite the fact that you cannot sue for infringement of a pending patent application.
Benefits of Patent Pending Status
An advantage patent applications have over granted patents is that they are held in absolute secrecy, unlike published patents. Therefore, no one can find out when you filed your application or what part of your invention it actually relates to as stated in https://steemit.com/inventions/@fiserman/is-your-invention-really-worth-money post.
So unlike published patents, which can be analyzed and worked around, pending patents offer a broad, general scope of protection in the eyes of would-be copiers.
Additionally, getting pending patent status is quick and cheap. It begins once you have filed your application, and costs nothing more that the cost of filing the application and paying for amendments to keep it alive.
So if you have an invention, do not feel that you have to keep it off the market until the full strength of a patent is granted. Apply for a patent, and take advantage of the pending patent protection during the critical period while first establishing a market position. You can find much more useful information about patenting process from https://doesitreallywork.org/invent-help-review/ too.