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Do I need a patent for an invention?

Answered By Elsie Ivins, Editor


There is a need to patent a particular invention. It is looked upon from different viewpoints, and it is briefly described in the following items.

• Patenting an invention is a one of the best ways of marketing it. It gives you legal grounds of establishing a monopoly for the manufacturing, production, and marketing of the invention under free market conditions.

• Without patent protection, they can copy your idea at no cost and sell them in a cheaper price, thus generating income without asking for your permission. Also, they can patent your invention under their name. In other words, they will now have the exclusive rights over it.

• It is also ensures you of market position and occupying new markets.

• Patent is considered to be your trademark that you actually invented a device. It can be a way of recording your name in the history of technology especially if it is now introduced in the market.

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