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A patent is an exclusive right granted for an invention,
which is a product or a process that provides, in
general, a new way of doing something, or offers a new
technical solution to a problem.
To get a patent, technical information about the
invention must be disclosed to the public in a patent
application.
A patent provides patent owners with protection for
their inventions. Protection is granted for a limited
period, generally 20 years.
Patents provide incentives to individuals by
support and legal expertise in, for example, collecting, managing and
disbursing royalties gained from the national and international use of a
work or performance. Certain rights of producers of sound recordings and
broadcasting organizations are sometimes managed collectively as well.
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