A patent is a form of intellectual property awarded for the creation of an invention. In other aspect, a patent is an exclusive license to a product or service that offers a new method to perform a task or a modern technological solution to a problem. There are three kinds of patents they are “Utility, Design, and Plant”
Utility patents may be given to anybody who invents or discovers any new and useful process, machine, an object of manufacture, substance composition, or any new and useful improvement thereof. The vast majority of patent applications filed are utility applications.
When it comes to Design patents, anyone who creates a novel, unique and attractive design for a manufactured item may be given a design patent.
By giving innovators the tools to protect and monetize their creations, patents serve as a catalyst for innovation. In exchange, the creator is required to give the public complete disclosure of the invention’s specifics. Society gains from this disclosure because it broadens the body of available knowledge and encourages further innovation.
It’s crucial to remember that receiving a patent does not ensure an idea will be successful in the marketplace. A patent attorney or agency should be consulted because getting a patent can also be a difficult and expensive procedure.
Registration and Renewal of Patents
Patent registration is done for inventions. A patent protects an invention from being exploited by others. Patent registration is done after carrying out a patent search, followed by drafting the patent and then filing the patent. The entire process of patent drafting and filing requires specialized assistance as the patent describes the invention in great technical detail.
AIEQUE TM helps companies and individuals patent their inventions, right from the patent search stage to patent filing. A patent gives the holder exclusive rights to prevent others from making, using, selling and importing an invention for a limited period of time, usually 20 years from the filing date of the patent application.