Patent
Many people are often not able to differentiate between patent and industrial design. Patent is more focus on the usability and the function of a new invention rather than the aesthetic value of an invention. There are some common questions for patent such as how the things work to achieve a special outcome? What is the special function of the invention which the existing inventions do not have?
Patent can be a source of financial for a company. Once you had fully protected your new invention, people can only sell or use the invention on your permission. This may give you the monopoly right toward the use of your invention. All the while, monopoly right will give the company a competitive advantage. This can be used to maintain your company’s market position.
- An exclusive right granted for an invention, a product or a process that provides a new way of doing something, or offers a new technical solution to a problem.
- Provides protection for the invention.
Once you had fully protected your new invention, people can only sell or use the invention on your permission.
Types of Patent:
New or useful process, machine, manufacture, or composition of material or any new and useful improvement thereof. (20 years from the date of the original application)
Invention of new, original and ornamental designs for manufactured products. (14 years from the date the patent is granted)
Any new varieties of plants that can be reproduce asexually. (20 years from the date of the original application)
Non-Patentable Inventions:
- Discoveries, scientific theories and mathematical methods
- Plant or animal varieties or essentially biological processes for the production of plants or animals, other than man-made living micro-organisms, micro-biological processes and the products of such micro-organism processes;
- Schemes, rules or methods for doing business, performing purely mental acts or playing games;
- Methods for the treatment of human or animal body by surgery or therapy, and diagnostic methods practiced on the human or animal body.
Patentable Inventions:
- Be new, which means that the invention has not be publicly disclosed in any form, anywhere in the world.
- Involves an inventive step, that is to say the invention must not be obvious to someone with knowledge and experience in the technological field of the invention.
- Be industrially applicable, meaning it can be mass produced.