ECONOMICS
PROPERTY RIGHTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Utility patents
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Copyright
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Design patents
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Plant Patents
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Detailed explanation-1: -As per Sections 3 and 4 of the Indian Patent Act, the following innovations are not Patentable in India: An invention that is frivolous or trivial. An invention that claims anything obviously contrary to well established natural laws. The mere discovery of a scientific principle.
Detailed explanation-2: -Patent and copyright are the two different forms of intellectual property rights. They usually render protection to something that holds distinctive value and has a considerable impact on the outside world. Copyright is limited to artistic work, whereas the patent is all about protecting the inventions.
Detailed explanation-3: -There are three types of patents-Utility, Design, and Plant. Utility patents may be granted to anyone who invents or discovers any new and useful process, machine, article of manufacture, or compositions of matters, or any new useful improvement thereof.
Detailed explanation-4: -Utility patent. This is what most people think of when they think about a patent. Provisional patent. Design patent. Plant patent. 25-Jan-2023