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The word patent originates from the Latin patere, which means "to lay
open" i.e., to make available for public inspection.
A patent is commonly known an intellectual property. A patent is a
monopoly right granted to a person who has invented a new and useful
article or an improvement of an existing article or a new process of making
an article.
In modern usage, the term patent usually refers to the right granted to
anyone who invents any new, useful, and non-obvious process, machine,
article of manufacture, or composition of matter.
It consists of an exclusive right to manufacture the new article invented or
manufacture an article according to the inventive process for a limited
period.
HISTORY OF PATENTS
In 1449, King Henry VI granted the first English patent with a license of 20
years to John of Utynam for introducing the making of colored glass to
England.
Patents in the modern sense originated in 1474, when the Republic of
Venice enacted a decree that new and inventive devices, once put into
practice, had to be communicated to the Republic to obtain the right to
prevent others from using them.
England followed with the Statute of Monopolies in 1624, under
King James I, which declared that patents could only be granted for
"projects of new invention."
The patent systems in many other countries, including Australia, are based
on British law and can be traced back to the Statute of Monopolies.
HISTORY OF PATENTS
In 1641, Samuel Winslow was granted the first patent in North America by
the Massachusetts General Court for a new process for making salt.
The modern French patent system was created during the Revolution in
1791. Patents were granted without examination since inventor's right was
considered as a natural one.
In the United States, during the colonial period and Articles of
Confederation years (177889), several states adopted their own patent
systems.
The first Congress adopted a Patent Act in 1790, and the first patent was
issued under this Act on July 31, 1790 (to Samuel Hopkins of Vermont for
a potash production technique).
TYPES OF PATENTS
There are three types of patents:
Utility patents
Design patents
Plant patents
A utility patent last for 20 years from the date that the patent
application is filed.
TYPES OF PATENTS
TYPES OF PATENTS
PATENT SPECIFICATIONS
the
background
and
overview
of
the
a) Provisional Specification
b) Complete Specification
complete
specification,
which
follows
Publication of application
Request for the examination of application
Examiners report
Approval
Objections
Amendment of objections
Grant of patent
INFRINGEMENT OF PATENTS
Patent infringement is the commission of a prohibited act with respect to a
patented invention without permission from the patent holder. Permission may
typically be granted in the form of a license.
it was not performing any infringing act in the territory covered by the
patent;
The Supreme Court of New Delhi based its decision for the
first time on a clause in Indias intellectual property law that
allows a patent to be rejected for a medicine that provides
which showed that this finding was well known in India prior to
the patent being feted.
The judgment was in favor of Cipla stating that Cipla did not
infringe Roches Indian patent IN 196774.
RECENT PATENTS
Apples new patent redefining wireless computing :
Apple recently submitted a patent to the U.S. Patent & Trade Office for
new ideas in wireless computing. Apart from just connecting a
keyboard and mouse wirelessly to the CPU, Apples new design
eliminates the need for an external display, by integrating a projector
into the central unit. The patent, applied for in 2010, was originally
filed in Q3, 2008. The patent is a combination of various patents filled
over the last two years, including the pico projector, smart projector,
and inductive charging.
Advantages of Patents
A patent gives the inventor the right to stop others from
manufacturing, copying, selling or importing the
patented goods without permission of the patent holder.
The patent holder has exclusive commercial rights to use
the invention.
The patent holder can utilize the invention for his/her
own purpose.
The patent holder can license the patent to others for us.
Licensing provides revenue to business by collecting
royalties from the users.
The patent holder can sell the patent any price they
believe to be suitable.
The patent provides protection for a predetermined
period (20 years) which keeps your competitors at
bay.
Disadvantages of Patents
A patent is an exclusive right provided to a patent holder in
exchange for the public disclosure of their invention. A full
ALTERNATIVES TO PATENTING
application,
At the end of the life of the patent, your competitors could freely
Provisional patent ,
Contracts,
Trademark law.