Luciano Cohan

A patent is a set of exclusive rights granted by law to applicants for inventions that are new, non-obvious and commercially applicable. It is valid for a limited period of time (generally 20 years), during which patent holders can commercially exploit their inventions on an exclusive basis. In return, applicants are obliged to disclose their inventions to the public in a manner that enables others, skilled in the art, to replicate the invention. The patent system is designed to encourage innovation by providing innovators with time-limited exclusive legal rights, thus enabling innovators to reap the benefits of their innovative activity.

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Patent By Techonology