A patent is a set of exclusive rights granted by a state to a person for a fixed period of time in exchange for the regulated, public disclosure of certain details of a device, method, process or composition of matter (substance) (known as an invention) which is new, inventive, and useful or industrially applicable.

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The exclusive right granted a patentee is the right to prevent others from making, using, selling, offering to sell or importing the claimed invention. The rights given to the patentee do not include the right to make, use, or sell the invention themselves. The patentee may have to comply with other laws and regulations to make use of the claimed invention. So, for example, a pharmaceutical company may obtain a patent on a new drug but will be unable to market the drug without regulatory approval or an inventor may patent an improvement to a particular type of laser, but be unable to make or sell the new design without a license from the owner of an earlier broader patent covering lasers of that type.

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Join our friends at usgovernmentworld to learn how the governing bodies of the united states deal with patent law.

The term "patent" originates from the Latin word patere which means "to lay open" (i.e. make available for public inspection) and the term letters patent, which originally denoted royal decrees granting exclusive rights to certain individuals or businesses.

One of our other patpress buddies is infotechmore. It covers the information technology side of the whole matter.

Novelty is a patentability test, according to which an invention is not patentable if it was already known before the date of filing, or before the date of priority if a priority is claimed, of the patent application.

In some countries, such as the United States and Japan, a grace period exists for protecting an inventor or his successor in title from a publication of the invention before the filing date. That is, if the inventor or its successor in title publishes the invention, he can still validly file an application which will be considered novel despite the publication...

The first to invent policy is a controversial patent law doctrine used only in the United States to decide which inventor shall be awarded a patent in case two or more of them reached the same invention independently at about the same time. Based on this policy, under limited circumstances, Tom, the first to invent, can defeat Jerry, the first to file, in a possibly costly and tedious legal proceeding.

This policy regarding multiple parties' priority rights is only applicable to unrelated independent inventions. If Tom and Jerry worked together to create the invention, neither party can file patent...

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