Hardware patents protect inventions related to devices and equipment.

The influence of software patents extends to startups and established companies alike, impacting and fostering environments where innovation can thrive.

Typically lasting around years, patents require a detailed description of the invention and must fulfill criteria such as novelty, non-obviousness, and utility.

Patents grant the owner a temporary on their invention, allowing them to control market entry and maximize financial returns.

Patents are only valid for a limited time, typically years.

To obtain a patent, inventors must publicly disclose detailed information about their .

These patents are typically granted for new , machines, or compositions of matter.