Corruption Perception Index

Thursday, 25 August 2016

TERM OF THE DAY AUGUST 24, 2016 patent

1. Limited
 legal monopoly
 to an individual
 or firm to make, use, and sell
 its invention
, and to exclude others from doing so. An invention is patentable if it is novel
, useful, and non-obvious. To receive
 a patent, a patent application
 must disclose all details of the invention so that others can use it to further advance
 the technology
 with new inventions. Patentable items fall under ... Read more 

To protect an invention from being copied or stolen, it is beneficial to obtain a patentthat will prove original ownership and legal rights to the inventor.
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