Patent is regarded as new process method or system which is never exercised. Inventor has to disclose this method in Govt Patent office of respective countries to realised it as patent. Once filled to patent office the patent office after examining the available related patents granted it as patent.
an PATENT
Patent granted gave Patentee exclusive rights to use it over limited period of time.
Patent prevents any 3rd party from using the patented process from unauthorized act of
- making,
- using,
- offering for sale,
- selling or importing
term of PATENT
Term of patent is limited time or maximum amount of time during which patentee enjoys exclusive rights. After expiry of patents it becomes free for public use.
Starting of patent term can be "Date of filling" or "Date of Grant".
This period varies from country to country. In US its 20 years from the filling date. In Europe convention it is 20 years from actual filling date.
The term of patents also varies from type of patents and different in different countries.
There is annual maintenance or renewal fee needs to be paid for patent to be remained in force, if these fees is not paid as per patent office or maintenance office requirements and rules, patent can be lapsed before defined term and becomes public property.
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