RESEARCH ETHICS
INTELLECTUAL PROPERTY RIGHTS AND PATENT LAW
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Term limit
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Patent
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Trademark
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Monopoly
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Detailed explanation-1: -A patent is an exclusive right granted by a government for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. A national or regional patent office grants a patent.
Detailed explanation-2: -A patent for an invention is the grant of a property right to the inventor. Patents are granted for new, useful and non-obvious inventions for a period of 20 years from the filing date of a patent application, and provide the right to exclude others from exploiting the invention during that period.
Detailed explanation-3: -A patent for an invention is granted by government to the inventor, giving the inventor the right to stop others, for a limited period, from making, using or selling the invention without their permission.
Detailed explanation-4: -Scope of Right to Exclude Rather, the patent gives the patent owner the right to exclude others from making, using, selling, or importing the invention. The patent holder’s right to make their own invention is dependent upon the rights of others and whatever general laws might be applicable.