I have made 2 inventions (personal devices that have never been made before ) that I'm strongly considering patenting. However, I do not have the money to properly do this with a lawyer and spend 5,000 dollars on him. So I must do it myself, which is definitely very challenging, but in fact possible if you put in enough time and diligence.
I can make a "Provisional Patent", which is the "temporary" patent that holds your rights for one year. Within that year, you have the right to file the "full" patent (usually done with a lawyer). However, in a year, the "provisional patent" completely loses its value unless a person filed a full patent. People do "provisional" patents without a lawyer, and it takes only a few hours.
Now, I also contacted some people from the tech industry and they said that they could help me file the REAL patent as long as their name would also be in there (as if they were also the inventors. In reality, I invented the device 100% myself). They also offered an opportunity that they could work with me to commercialize my invention (with their company. In this case the patent will be owned by their company, but will have my name in it) and make a modern technological product that can be advertised and sold to the public.
Now, my questions:
1)How much weight does a patent play in a high-schooler's college app?
2)Do admission officers distinguish between "provisional" and "full/real" patents?
3)Would the fact that some other people have their name in my patent make it look less impressive?
4)How much would it help that I am the "inventor" of a novel, commercialized technological device?
I just need to find out what is the best option to take for me: File a "provisional" patent, try to file a "real" patent, or let a tech company own the intellectual property but then help me commercialize the product which I am the inventor of.