COMPUTER ETHICS AND SECURITY
INTELLECTUAL PROPERTY RIGHTS AND PRIVACY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Forever
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20 years
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5 years
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5 months
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Detailed explanation-1: -As per the Indian Patents Act, 1970 a patent is granted on a product, a process, or an invention for a limited period of 20 years. Hence, the life span for a patent in India is 20 years from the date of filing the patent application. You simply cannot extend the life of the patent.
Detailed explanation-2: -Giving patents an expiration date will allow competition to keep the price competitive and allow improvements to the idea. There are some companies that wish to hold onto the intellectual property that they use to produce products.
Detailed explanation-3: -A patent becomes public domain (free for use by the public) upon its expiration, which is defined as 20 years from the patent’s earliest non-provisional filing date. MPEP §201.04. The 20-year patent term applies to utility and plant patents.