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

An invention should not be to someone with ordinary skill in the field, ensuring that the patent addresses genuine innovation.

By securing exclusive rights, patents incentivize inventors to invest time and resources into research and development, fostering a culture of .

To assess the patentability of an invention, it must be novel, non-obvious, and applicable.

Patents are legal rights granted to inventors, providing them exclusive rights to produce, use, and sell their for a limited time.

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

The presence of patents can make a company more appealing to , as they signify potential for profit and market stability.