Why is it important to patent? There is no option that guarantees the rights of the entrepreneur if he decides not to protect his inventions through patents. Patents offer exclusivity to the person or company and this is essential for an investor who decides to opt for their product. The registration of the patent constitutes the creation of a co-ownership in an artificial way, and it is framed within industrial property, which in turn also makes part of the intellectual property regime.

What is a Patent?

The first thing we should know is its meaning: Patent is an exclusive right granted on an invention. In general terms, a patent empowers or entitles its owner to decide whether the invention can be used by third parties and, in that case, in which way, too. In return for this right, in the published patent document, the owner of the patent leaves the public all the technical information related to the invention.

What kind of protection is a Patent?

The owner of the patent has the exclusive right to prevent the patented invention from being commercially exploited by any third party. Protection by patent means that an invention cannot be produced, used, distributed for commercial purposes, nor sold, without the consent of the patent owner.

Is a patent valid worldwide?

Patents are territorial rights. In general, the exclusive rights are valid only within the country or region where the application has been filed and the patent has been granted, in accordance with the regulations of that country or region.

How much does a Patent protection last?

This protection is granted to the inventor for a limited period, which is usually 20 years from the date of filing the application.

Patents are not only abstract concepts; they play an invaluable role in everyday life. They help in the creation and innovation of new technologies in all fields.