A patent is a legal right granted to an inventor, giving them exclusive rights to make, use, and sell their invention for a certain period, typically 20 years from the filing date. It incentivizes innovation by allowing inventors to potentially profit from their inventions while requiring public disclosure of the invention details.

Patent

legal right

Exclusive rights grant an individual or entity the sole authority to use, produce, or sell a particular product or work, preventing others from exploiting it without permission. These rights are often legally protected to encourage innovation and creativity by ensuring that creators can benefit financially from their work.

exclusive rights

make, use, and sell

Patent duration refers to the legally defined period during which a patent holder has exclusive rights to their invention, preventing others from making, using, or selling the invention without permission. Typically, this duration is 20 years from the filing date, subject to maintenance fees and certain exceptions that may extend or shorten the term.

Patent Duration

Period of exclusivity

invention details

public disclosure

Incentive for innovation

Profit from inventions

filing date

Inventor rights

Innovation rewards

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CUSTOMIZE YOUR LEARNING

CUSTOMIZE YOUR LEARNING

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