Patent
Definition
A Patent is a form of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of years.
Benefits
A patent protects intellectual property, granting exclusive rights to monetize inventions.
Frequently Asked Questions
What is a patent in intellectual property? A patent is a legal right to exclude others from making, using, or selling an invention for a limited period.
What is a patent a form of? A patent is a form of intellectual property.
How long does a patent last? A patent typically lasts 20 years from the filing date.
Summary
A Patent grants exclusive rights to monetize inventions, protecting intellectual property.