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Patent Registration

An invention takes substantial effort and funding to materialize hence, it is pertinent to commercialize it and gain profits from the Invention. Patent Registration helps the inventor in making money from the invention. The prospect of gaining profits from this special form of protection serves to promote research activity and to give an incentive for new investment. Since a patent confers exclusive legal rights concerning the exploitation of an invention, it allows the owner the best opportunity to profit from the invention by preventing others from copying it. An inventor does not need a patent in order to exploit an invention; but without a patent the inventor would not be able to prevent others from copying the invention. If your company has developed a new or improved device, method, process or substance, a decision on whether to apply for a patent should be part of your company’s business strategy.

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