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What is a “Patent” ?

Patent is one of the possible protections for Intellectual Property. It is a temporary and territorial exclusive right that a person is granted by law, for technological, innovative, industrially applicable invention that has an “inventive step”, regardless if the invention has been produced or not. In return for acquiring the patent protection, the inventor must fully and publicly disclose the mode of production, the possible uses of his invention, and the scope of the protection he can enforce against its violators. For example, a doctor who invented a drug will be able to apply for a patent and prevent people from using his specific method or chemical compound. Respectively the doctor will be required to reveal the unique compound and the method of its production. This is in contrast to a biologist who discovered a new species of beetles that will not be able to apply for the patent protection.

By | 2016-11-04T16:56:02+00:00 October 15th, 2016|Legal Definitions|0 Comments

About the Author:

Yana Sheinberg
Yana is a third-year student in the joint program of Law and Government at the IDC Herzliya. In her free time, Yana enjoys sports, reading and crafting.