Patent is a monopoly right granted by the Government to exclude others from exploiting
or using a particular invention. This exclusive monopoly granted by a Patent is provided in
return for the inventor disclosing the details of the invention to the public. Therefore,
the patent is a monopoly right which offers exclusivity to the patentee to exploit the
invention for 20 years after which it falls to the public domain.
While filing a patent for your invention, there are several critical aspects to be
followed especially in drafting the claims, which define the scope of the invention.
Drafting patent specification is an art by itself, and requires the expertise of skilled
professionals in this field.
Patent registration applications are handled by the The Patent Office, Controller General
of Patents, Designs & Trade Marks. Patent applications can be filed electronically with
provisional or complete specification, at the appropriate Patent Office. IndiaFilings
can help you file a patent application in India, starting from just Rs.69899.
A patent registration in India can be used as the basis for patent registration in other countries, if required. Foreigners and Foreign entities can also register a patent in India, if required.
Patent registrations in India are valid for 20 years from the date of filing of patent application, irrespective of whether it is filed with provisional or complete specification.
Patent registration will provide a unique competitive edge for the business. Competitors will not be allowed to use the patented invention for similar goods or services.
Patent registration creates an intellectual property, which is an intangible asset for an organization. Registered patent is an intangible asset that can be sold, franchised or commercially contracted.
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