A patent is an exclusive right granted to protect an invention. For a particular time, patents allow the owner the exclusive right to prevent others from commercializing the creation. Therefore, they must launch the patent to public. As a result, the patent owner (the grantee or the patent owner) can prevent others from producing, using, offering for sale, selling, or importing the protected invention without permission, and to take legal action anyone who does so.
The intellectual property system’s philosophy is to bring financial benefits for exploiting inventions and releasing them to the public and using to inspire creativity and increase the national region’s technological quality as well as obvious commercial benefits.
Although it is true that not all companies create patentable creations, there is also a widespread misunderstanding that patents only apply to sophisticated physical and chemical processes and products, or that they are only beneficial to big businesses. In general, patents can be issued for any technological sector, from paper clips to computers. Thousands of patents have been created for regular things such as pens, glass bottles, textile fibers, and bicycles.
To get a patent, you must first apply to a national or regional patent office. You must describe your invention and compare it to existing technology in the related field in your application. The application form is usually offered by the patent office.
This exclusive right is granted for a specific time, often 20 years from the date of submitting, requiring that the patent owner pay a fee to keep the validity for five years, and is only valid in the country where you submitted for protection. Legal protection against any violation of patent rights (infringement) does not have an automatic process and depends on the patent owner’s request. Therefore, if the owner of an exclusive patent wants to enforce his exclusive patent, he has to supervise the production and commercial activities of other businesses.