What is Patent?

The term patent usually refers to the right granted to anyone who invents something new, useful and non-obvious; something which has new technical solution to the existing crises. It can be a new method of doing things, the composition of a new product, or a technical improvement on how certain objects work. A patent is often referred to as a form of intellectual property right. A patent gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of years in exchange for publishing an enabling public disclosure of the invention.

Benefits of Registering a Patent

  • Patent laws empower individuals to come up with unique and productive concepts or ideas
  • Exclusive access to every right from the time of early filing
  • Generating ROI through licensing or selling the invention
  • Patented Invention is Tradable
  • Freedom to make changes

What is Patent?

The term patent usually refers to the right granted to anyone who invents something new, useful and non-obvious; something which has new technical solution to the existing crises. It can be a new method of doing things, the composition of a new product, or a technical improvement on how certain objects work. A patent is often referred to as a form of intellectual property right. A patent gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of years in exchange for publishing an enabling public disclosure of the invention.

Benefits of Registering a Patent

  • Patent laws empower individuals to come up with unique and productive concepts or ideas
  • Exclusive access to every right from the time of early filing
  • Generating ROI through licensing or selling the invention
  • Patented Invention is Tradable
  • Freedom to make changes
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