A Patent is an intellectual property and is the exclusive right granted for inventions. It is granted by the Government of India to the Patentee for a limited period of 20 years from the date of application. It is provided in exchange for the full disclosure of his/her invention, for excluding others from making, selling, using and importing the patented product or process of producing that product for those purposes. The purpose of this system is to encourage innovation, dissemination of technology and development of industries. Patents ensure legal title for the invention for which patent has been granted, which may be extremely valuable to an individual or company and they should make best use of this system. Patent right is territorial in nature. For eg. Patent granted in US is not enforceable in India. The inventors or their assignees should file separate patent applications in India through patent attorneys in India for obtaining patents in India.
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