Patent and its key aspects

What is a patent?

A patent is a right that gives you exclusive authority to use your invention for a period of up to 20 years. This means that without your consent no one else can produce, market or import the invention. Patents can be obtained for innovative technical solutions to challenges involving both products, methods and uses. To secure a patent, your invention must meet specific criteria, including being new, inventive and industrially useful.

What is the purpose of patents?

The primary purpose of the patent system is to promote technological progress. By offering inventors a time-limited exclusive right, it stimulates innovation and research. When a patent is granted, the invention becomes widely known, facilitating the dissemination of information and further technological progress. Inventors can use their exclusive rights to prevent competitors from imitating their product, create a competitive advantage and increase their market power. This exclusive right also opens up opportunities to charge higher prices for the product and attract business partners. In addition, inventors have the option to sell or license their patents to other companies, providing additional opportunities to profit from their inventions.

What is not eligible for patent protection?

Some subject matter is not eligible for patent protection, including discoveries, scientific theories, mathematical procedures, artistic creations, business strategies, computer programs, or pure informational presentations. In addition, methods of surgical or therapeutic treatment or diagnosis involving humans or animals cannot be patented. It is crucial to assess whether your invention meets the necessary criteria before applying for a patent.

Extend and maintain patents

To ensure that a patent remains valid over time, it is important to carry out annual maintenance, starting from the third year after the application date. This means careful planning and financial investment.