Intellectual property refers to the creative aspects of the mind such as inventions, literary and art works, designs, symbols, images, etc., that are protected by law. There are different methods in which one can protect the intellectual property. Patents, copyrights, trademarks, etc. are examples of intellectual property protection methods..
Criteria of Patent Complete Registration
Novelty:-The invention has to be new and cannot be a part of prior state of work, implying that it must not have been published, presented or revealed publicly.
Inventiveness:-: This is a feature of invention that involves the advancement of the existing knowledge or state or work that is strikingly evident to any person.
Utility: An invention must be applied to or applicable in industrial process.
There are three types of patents:-
1.Utility patents: It is 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
2.Design patents: It is granted to anyone who invents a new, original, and ornamental design for an article of manufacture.<
3.Plant patents: It is granted to anyone who invents or discovers and asexually reproduces any distinct and new variety of plant.
what are the Reasons to obtain Patent Registration?
Patent registration is required for many reasons.
Patent registration is required for many reasons..
It reduces tax rate on patented products.
Patenting a product gives the inventor an intangible asset and related rights and actions that come with it
It gives the inventor an edge over its competitors.
Process of Patent Registration
Patent search is the most important step. All inventions are not patentable. Check if the patent meets all the criteria of patentability and whether it can be a patent or not..
File a patent application form either by self or with the help of a professional if the invention can be patented..
File the supporting documents with complete details of the invention such as: