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MEANING OF PATENT:

In the realm of intellectual property rights, a patent stands as a cornerstone of protection for inventors and innovators. It represents a government-issued exclusive right, providing its holder with the legal authority to safeguard their invention from unauthorized use, reproduction, or exploitation. Lasting typically 20 years from the filing date, a patent empowers its owner with the sole privilege to control the commercialization and distribution of their creation. This exclusive domain encompasses a diverse array of inventions, ranging from ground-breaking products and processes to inventive methods and machinery. By securing a patent, inventors not only safeguard their intellectual investments but also stimulate further innovation and contribute to the advancement of technology and industry.”

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