11.2.1 The Patent System refers to the system of intellectual property protection that is available to inventors, authors, and other creators of original works. It is a set of laws and regulations that protect the inventor's right to exclusive use of their invention. Patent protection is granted by the government in exchange for the inventor's disclosure of the invention. It is designed to encourage innovation by allowing inventors to benefit from their work. There are two types of patents in the United States: utility patents and design patents. Utility patents protect inventions that are useful, new, and non-obvious. Design patents protect the design of a functional item. Patents last for a set period of time, usually 20 years from the date of filing. During the patent period, the inventor has the exclusive right to make, use, and sell the invention. After the patent expires, the invention is in the public domain and anyone can use it without the inventor's permission.
11.2.1 The Patent System
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FAQ
Patents have a positive effect on society because they promote innovation and help develop new products. They also protect intellectual property.
A patent for an invention is granted by government to the inventor, giving the inventor the right to stop others, for a limited period, from making, using or selling the invention without their permission.
Once a patent is granted, it should be administered and exploited. Patent administration deals primarily with the monitoring and execution of all actions that are necessary for the maintenance of the patent, including, in particular, the payment of any annual renewal fees.
A designation fee is a one-time fee for an attorney to designate an individual as an expert witness. Some believe that it compensates an expert for the use of his or her name, because the expert's name can gain leverage for the client and allows the case to settle more quickly.
Examples of inventions protected by utility patents are a microwave oven, genetically engineered bacteria for cleaning up oil spills, a computerized method of running cash management accounts, and a method for curing rubber.
Patents are granted by patent offices in exchange for a full disclosure of the invention. In general, the details of the invention are then published and made available to the public at large. It should be noted that publication can take place at various stages of the procedure.
The patent system grants and enforces temporal exclusive, transferrable, and licensable private rights on inventions ? that provide solutions to (mostly) technical problems in the area of products and processes ? in exchange for disclosure of the invention to the public at a level that can be understood by a person