InvestorsHub Logo
Followers 3
Posts 269
Boards Moderated 0
Alias Born 05/22/2006

Re: altruism post# 103677

Wednesday, 03/10/2010 1:23:30 PM

Wednesday, March 10, 2010 1:23:30 PM

Post# of 212721
Wrong it can be an idea , even a bad idea can be patented


Intellectual
property law

U.S patentA patent (pronounced /'pæt?nt/ or /'pe?t?nt/) is a set of exclusive rights granted by a state (national government) to an inventor or their assignee for a limited period of time in exchange for a public disclosure of an invention.

The procedure for granting patents, the requirements placed on the patentee, and the extent of the exclusive rights vary widely between countries according to national laws and international agreements. Typically, however, a patent application must include one or more claims defining the invention which must be new, inventive, and useful or industrially applicable. In many countries, certain subject areas are excluded from patents, such as business methods and mental acts. The exclusive right granted to a patentee in most countries is the right to prevent others from making, using, selling, or distributing the patented invention without permission.[1]