Concept of patent
- Patent is a state grant- in the name of inventor.
- It has time period - usually 20 years.
- Patent is a privilage for making, manufacturing, selling or using the invention.
- Encourage research and promote inventive genius.
- to secure for inventors awards for inventing.
- to provide inventors a monopoly for commercial exploitation of the invention.
- maintain flow of inventions.
- to generate and promote scientific temper.
- Patent is issued only of those inventions which are new and novel and have commercial value.
- Invention must not be fnown earlier.
- It must be usefull.
- art,process,method or manner of manufacture.
- machines,appliances and other articles.
- substances produced by manufacture.
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