Patent: Basics of Patent & its importance.
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Patent Basics of Patent What is patentable Role of patent in Students’ life Value of Patent Recent Controversies in Patent Crazy Examples
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Transcript of Patent: Basics of Patent & its importance.
Patent
Basics of Patent
What is patentable
Role of patent in Students’ life
Value of Patent
Recent Controversies in Patent
Crazy Examples
What is a Patent?
Basics of Patent
A legal protection which gives an inventor monopoly and the right to exclude others from performing certain activity in the country of issuance.
Patent is•A government license
•Valid for 20 years.
•Patent may include many claims, each of which defines a specific
property right.
•Patent rights prevent others from commercially making, using,
selling, importing, or distributing it.
•Like any other property right, it may be sold, licensed, mortgaged,
assigned or transferred, given away, or simply abandoned
Utility: process (method), machine, manufacture, or composition
Design: ornamental design for an object
Plant: new variety
OR Any new and useful improvement
What can be patented?
Anything which is
Novel: not previously known or used by others
Useful: have a known use or produce a concrete and tangible result
Industrially applicable
Non-obvious: Is it obvious to PHOSITA (Person Having Ordinary Skill In The Art)?Can not be found in a single or reasonable combination of patents that would yield a predictable result
Does that means something out of the world invention ??????
Novel Inventive!!!
Did you know?90%of patents are forimprovements of the existing patents
Someone may make your invention even better!
HRIDAYESHWAR SINGH BHATI
India’s Youngest Patent Holder
What have kids invented?
KELLY REINHART AGE-16
GEORGE NISSEN AGE -16
CHESTER GREENWOOD AGE - 15
Kids’ Inventions
CASSIDY GOLDSTEIN AGE - 12
K. K. GREGORY AGE -10
"The man with a new idea is a crank until the idea succeeds."
Advantages of getting a Patent
• Enjoy Monopoly
• Make it Saleable
• Rights of Distribution &
Licensing Agreement
• Increase in negotiating power
So an inventor can use or sell his/her invention and no one else can.
How long can you stop other people?
Why would anyone want a patent?
• Samsung and Apple• Xiaomi• Turmeric• Neem • Tulsi
Controversies
Contact us:
Email ID : [email protected]
Phone number : 76006909969909981599
Visit Us : www.mycrave.in
Follow Us :www.facebook.com/mycrave.in
Thank You!
