{"id":21570,"date":"2019-07-06T19:25:29","date_gmt":"2019-07-06T13:55:29","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=21570"},"modified":"2019-09-20T12:53:57","modified_gmt":"2019-09-20T07:23:57","slug":"what-is-patent-and-why-patent-registration-necessary","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/what-is-patent-and-why-patent-registration-necessary\/","title":{"rendered":"What is Patent and why Patent Registration is necessary?"},"content":{"rendered":"

In India the importance of Patents has increased very rapidly over the last few years. It is evident from the fact that every company is now creating its own strong Patent portfolio. Now it is important for every company to know the advantages involved in getting a Patent and also how does the Patent benefit an Inventor. The objective of this is to develop a greater awareness about the Patent law in India and to know properly the procedural mechanism involved in obtaining a Patent Registration In India<\/a>.<\/p>\n\n\n\n

Governance of Patent Registration in India<\/h2>\n\n\n\n

The Patents are granted by\nthe Controller to the Inventor(s) for a period of 20 years. Patents provide exclusive\nright to make use the exercise of his invention. The Act provides exclusive\nrights to the Inventor and also provides him the valuable monetary right which\nhe can use for his own advantage either by using it himself or by conveying the\nprivileges to others. Patentee receives something tangible, something which has\na present existing value which protects him from some competition and is a\nsource of gain and profit.<\/p>\n\n\n\n

What is Patent?<\/h2>\n\n\n\n

A Patent is a new invention by an Inventor or a group of Inventors. It is a form of a document. A Patent gives to the Inventor or the application exclusive right to sell, manufacture and use the invention disclosed in the Patent. The Patent right can be exercised and enjoyed by the Inventor\/applicant only in the country which grants him the right and that too for a limited period of time, normally known as the ‘Term of the Patent’. Therefore, on the expiry of the Term of the Patent, the protection ends, and the invention becomes public property<\/a>.<\/p>\n\n\n\n

Also Read:Key Elements of Copyright Registration in India<\/a>\nRegister My Brand Name in India<\/a>\n<\/p>\n\n\n\n

\"FAQ<\/figure><\/div>\n\n\n\n

What are the criteria for Patent Protection?<\/h2>\n\n\n\n

A Patent is granted for\ninventions in any field of technology. An invention can be a product (chemical\ncompound) or a process, like producing a specific chemical compound. A single product\nin fact, contains number of inventions. For example, the computer involves\nhundreds of inventions, working together. <\/p>\n\n\n\n