Wednesday, June 16, 2010

PATENTS

What is a Patent?
A patent is an exclusive right granted by the State for any Invention that is New, involves an Inventive Step and is capable of Industrial Application.
Patent gives its owner the exclusive right to prevent or stop others from making, using, offering for sale, selling or importing a product or a process, based on the patented invention, without the owner’s prior permission.
A patent is a Territorial Right, limited to the geographical boundary of the relevant country.
Exclusive Right till 20 years.
How do you determine if your Invention is patentable?
Fall within patentable subject matter:
•Be an Invention;
•Be novel;
•Involve an inventive step;
•Be capable of industrial application
INVENTIONS
An Invention is a Product/Process that provides a new way of doing something, or offers a new technical solution to a problem. To be patentable, an invention should be:
New or Novel– include some new characteristic which is not known to public before the date of filing.
Inventive Step- which could not be obviously deduced by a person with average knowledge of the technical field.
Utility – Invention useful to industry or public at large

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