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  • Mastering Entrepreneurship Notes

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    JooLin Lee
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    A patent is defined as an exclusive legal right granted for an invention that is new, involves an inventive step and is capable of industrial applications. It provides the inventor with the legal right to exclude others from commercially exploiting the patented invention for a limited period, usually 20 years. A patent is intended to encourage technological innovation for the benefit of society.

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    A patent is defined as an exclusive legal right granted for an invention that is new, involves an inventive step and is capable of industrial applications. It provides the inventor with the legal right to exclude others from commercially exploiting the patented invention for a limited period, usually 20 years. A patent is intended to encourage technological innovation for the benefit of society.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    Mastering Entrepreneurship Notes

    Uploaded by

    JooLin Lee
    A patent is defined as an exclusive legal right granted for an invention that is new, involves an inventive step and is capable of industrial applications. It provides the inventor with the legal right to exclude others from commercially exploiting the patented invention for a limited period, usually 20 years. A patent is intended to encourage technological innovation for the benefit of society.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Mastering Entrepreneurship:

    Patent: Definition: A patent is an exclusive legal right granted for an invention that
    is new, involves and inventive step and it is capable of industrial applications.

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