MANAGEMENT

Detailed explanation-1: -A patent is an exclusive right granted for an invention. In other words, a patent is an exclusive right to a product or a process that generally provides a new way of doing something, or offers a new technical solution to a problem.

Detailed explanation-2: -A patent is intellectual property that gives you exclusive rights to use your invention for up to 20 years. No one else is allowed to manufacture, sell or import the invention without your permission.

Detailed explanation-3: -A patent is a legal right to an invention given to a person or entity without interference from others who wish to replicate, use, or sell it. Patents are granted by governing authorities and have a time limit, usually 20 years.

Detailed explanation-4: -A patent is a legal document that gives the holder exclusive rights to an invention, product, or process for a set period of time. This means that anyone who wants to use the invention must get permission from the patent holder and may have to pay a fee.