Patent

1a) A patent is a new invention, or any new and useful improvement of an existing invention. The patent owner has an exclusive right, in which the invention can normally only be exploited (manufactured, used, sold, imported) by the owner. An invention may relate to a product or process. There is, however, an important distinction between a utility patent and a design patent. A utility patent protects the functional aspects of an invention; a design patent protects only the appearance of an invention

Patent law provides the strongest monopoly rights of the intellectual property (formally known as IP) system (Kratz, 2010). Patents may be thought of as a statutory monopoly right granted to an individual for their specific invention (Kratz, 2010). Two observations about the patent system may be made clear; it is often times thought of as a race, and inventions are built on the work of others (Kratz, 2010). The idea of patenting is a largely controversial debate within the realm of research; as any

Patent is an exclusive rights that uses to protect intellectual property rights. In recent years, with the development of electronic technology and the widespread use of electronic platforms, software patents has become a hot topic that frequently discussed by the public. To a certain extent, the patent brought many exclusive economic rights to the product inventors; the inventors can get a lot of additional economic benefits with their product patent, especially in terms of software patent. However

PATENT - THE AUTOCRAT The very utterance of the word patent frightens us with the sheer complexity and wordplay it can subsume us with. Here is an attempt to demystify patents and the world of legal wrangling. As the lexicon definition goes, it is “the exclusive right granted by a government to an inventor to manufacture, or sell an invention for a certain number of years”. However, over the years, as patents and workarounds have evolved, companies have gone out of their ways to exercise monopoly

encyclopedia excerpt on the patent it explains what may be patented, obtaining a patent, the nature of patent rights, and foreign patent protection. To begin, this article describes what maybe patented. There are three types of patents utility patents, design patents, and plant patents. Each of these give the inventors ownership of their idea or invention. The utility patent is created for the usefulness of the invention. The utility patent is the most common patent used. A design patent is how the invention

A. Design Patents Can Protect Simple Ornamental Designs Elements. A design patent can be declared invalid, and thus unenforceable, if the design patent claims primarily functional elements rather than primarily ornamental elements or if there is prior art that serves inspiration for the competing products. Courts utilize various factors in determining whether a claimed design is dictated by functional as a whole, or whether its ornamental elements can be separated from the functional elements

Patents Patents are government-granted, temporary rights to exclude, awarded in return for an individual’s disclosure of a new useful invention. Patents are granted by the USPTO and last for nonrenewable term of 20 years (Ferrera et al, 2012). Patents grant exclusive rights to exclude others from engaging in making, using, selling of patent products (O 'reilly, 2007). Online businesses must be aware of other’s patent rights even if they do not copy other companies’ business methods or technologies

Patents are ingenious - they allow for security in preventing theft of ideas through government licensing for the exclusive rights to manufacturing, utilization, and sales of inventions. However, lines are crossed when private companies are allowed to patent life forms, including genetic material. Patents are only designed to prevent intellectual property theft on inventions. Human genes are a product of nature and are not a result of an invention of man. Furthermore, allowing genetic information

1.Introduction Patent indirect infringement，as the name implies，is opposite to patent direct infringement. Generally, the conception of patent indirect infringement is to meet the need of pantent protection. It expands the protection domain of the patent right to the no-patented products, improves patent protection’s horizontal and provides sufficient legal protection for patentees. Nowadays, more and more countries ordain the system of indirect infringement in their patent laws in order to protect

With new innovations and products coming out every day patents become very important, especially in the pharmaceutical department. A patent is a grant by the government permitting the inventor exclusive use of an invention for 20 years. During this period, no one could make use, or even sell the invention without authority. With the India’s patent laws covering a manufacturing method rather than the finished product, this causes problems. A patent provides incentive for pharmaceutical companies to continue