Patent Protection for a Product Tips or Inventions


United States Patent is in essence a "grant of rights" for a restricted period. In layman's terms, it is a contract in which the United States government expressly permits an personal or firm to monopolize a certain concept for a constrained time.

Typically, our government frowns upon any variety of monopolization in commerce, due to the belief that monopolization hinders totally free trade and competitors, degrading our economic system. A very good example is the forced break-up of Bell Phone some many years ago into the numerous regional cellphone organizations. The government, in distinct... Read more