• Business & Finance

    What Types of Inventions Are Eligible for Patent Protection?

    Inventions are an essential part of human progress and are the backbone of technological and economic growth. In order to encourage innovation and protect the rights of inventors, the government grants patents to inventors who have created something new, useful, and non-obvious.  A patent is a legal document that gives the inventor exclusive rights to prevent others from making, using, copying, or selling the invention for a certain period of time. In order to be eligible for a patent, it must fulfill the three requirements mentioned above. This means that it should have a specific function or purpose, must not already exist and it cannot be something that would be…