Patent Registration Checklist
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What is a Patent?
A patent is a form of intellectual property. The owner gets the right to exclude others from making, using, selling, and importing an invention for a limited period of time, usually twenty years.
Takeaways from this checklist
- Advantages of getting a Patent
- How to apply for Patent Registration
Benefits of getting a Registered Patent
A patent gives the right to stop others from copying, manufacturing, selling or importing his/her invention without permission and hence prevents theft of the invention.
Entrepreneur, can also licence his/her patent for others to use it, or sell it, as with any asset, which in turn can provide an important source of revenue for his business.