CALL US 24/7! (646) 386-0990

Patents: Unleashing Innovation

by | Jun 30, 2023

Patents are exclusive rights granted by governments to inventors, providing them with a limited monopoly over their inventions for a specified period.
By disclosing their inventions to the public, inventors gain protection and the ability to prevent others from making, using, selling, or importing their invention without permission.
Key Characteristics of Patents:
1. Novelty and Inventiveness: Patents require the invention to be novel, non-obvious, and capable of industrial application. The invention must be something new that has not been publicly disclosed or widely known before.
2. Public Disclosure: In contrast to trade secrets, patents demand the public disclosure of the invention. This disclosure helps foster innovation by sharing knowledge and enabling others to build upon existing inventions once the patent term expires.
3. Limited Duration: Patents have a limited lifespan, usually lasting 20 years from the filing date. After expiration, the invention enters the public domain, allowing anyone to use, make, or sell it without restriction.
4. Legal Protection: Patents provide strong legal protection, allowing patent holders to enforce their rights and prevent others from using or copying their invention. Patent infringement can lead to litigation, injunctions, and the awarding of damages.
Take the first step in safeguarding your business today! Contact us by calling: (646) 386-0990 or emailing: info@pitcofflawgroup.com to schedule a consultation with one of our legal professionals. Let us help you protect your interests, resolve disputes, and achieve your business goals.
Visit our website: www.pitcofflawgroup.com to learn more about our services and read testimonials from satisfied clients. Don’t let legal challenges hinder your business growth. Partner with Pitcoff Law Group, your trusted legal advisors.
We would be happy to assist you.