Patent

  • Patent is a grant for an invention by the Government to the inventor in exchange for full disclosure of the invention. 
  • A patent is an exclusive right granted by law to applicants / assignees to make use of and exploit their inventions for a limited period of time (generally 20 years from filing). 
  • The patent holder has the legal right to exclude others from commercially exploiting his invention for the duration of this period.
  • In return for exclusive rights, the applicant is obliged to disclose the invention to the public in a manner that enables others, skilled in the art, to replicate the invention. 
  • The patent system is designed to balance the interests of applicants / assignees (exclusive rights) and the interests of society (disclosure of invention).
  • Meaning of ‘Invention’ under Patent Law Sec.2(1)(J) - Invention” means a new product or process involving an inventive step and capable of industrial application 
  • There are three types of patents: 
    •  Utility patents may be granted to anyone who invents or discovers any new and useful process, machine, article of manufacture, or composition of matter, or any new and useful improvement thereof; 
    • Design patents may be granted to anyone who invents a new, original, and ornamental design for an article of manufacture; and 
    • Plant patents may be granted to anyone who invents or discovers and asexually reproduces any distinct and new variety of plant

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