Write a note on patents.

Explanation

(i) It is a special right to the discoverer/ inventor that has been granted by the government through legislation for trading new articles.
(ii) A patent is a personal property which can be licensed or sold by the person or organisation just like any other property.
(iii) Patent terms give the inventor the rights, to exclude others from making, using or selling his invention.
(iv) It is difficult to keep secret certain inventions and therefore, guidance should be obtained from a qualified patent attorney.
(v) A patent consists of 3 parts :
(a) The grant is filled at the patent office which is not published. It is a signed document, actually the agreement that grants patent right to the inventor.
(b) The specification and claims are published as a single document which is made public from the patent office. The specification part is narrative in which the subject matter of invention is described as how the invention was carried out.
(c) The claim specifically defines the scope of the invention to be protected by the patent which the others may not practice.