When should a patent application be filed?
Protection of intellectual property, granting someone special rights to use, sell or manufacture an invention for a certain period of time. A patent is a term that has been used for many centuries and applies to both physical inventions and intellectual property. What does a patent mean? A patent does not purport to make and sell a product; Rather it empowers others to ban the production of an item or a piece of their own intellectual property for their own monetary gain. The time period for a patent varies but is usually twenty years from the time of the invention of the object or property. Governments grant patents to inventors as a way to keep others from inventing, making, or selling for a time. It is a way to protect the intellectual rights and qualities of inventors and ensures that others are not compensated for their work and efforts. Once a patent is issued on an invention, it makes that invention the sole property of the inventor, and like any other form of...