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About Basic Principles of Patent Law
The document discusses several basic principles of patent law: 1) Patents provide exclusive rights for a limited period (typically 20 years) in exchange for publicly disclosing a new and useful invention. 2) To be patentable, an invention must be novel - not previously known or used by others. It must also demonstrate an inventive step beyond what would be considered obvious. 3) The patent system aims to incentivize innovation by allowing inventors to profit from their inventions for a time, while still ensuring inventions eventually enter the public domain. This balances private and public interests.
Detailed Information
| Author: | ['Tania Majumder'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 17 |
| Language: | English |
| Format: | |
| Price: | FREE |
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