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42    INNO V AT O RS GUIDE  |  M ASS GENERAL BRIGH AM

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            6                                  Patents














                                                                                  Patentability

            A patent is a legal grant that gives the holder                       Essential to securing a patent is determining if an invention is truly novel,
            the right, for a limited term, to exclude others                      i.e. has not been patented before nor is in the public realm. Lack of novelty
            from making, using, selling, offering to sell, or                     is the most common reason for initial rejections.
            importing the patented invention. Patents drive                       Licensing Managers partner with inventors to evaluate ideas within the
                                                                                  context of what is publicly known about the subject, termed “prior art.” This
            economic growth by incenting inventors to                             may require the use of external patent counsel, which is arranged by the
            publish their inventions in exchange for a limited                    Licensing Manager. The first step for the inventor is to become acquainted
            term monopoly.                                                        with the prior art landscape (as described earlier).
                                                                                  It is often possible to uncover prior art in an hour or two of investigation.
                                                                                  The U.S. Patent and Trademark Office and Google are among the many
                                                                                  services an innovator can access. To understand the opportunity and
            Patents are often core to the commercialization process because they are   evaluate it accurately, it’s important to create a detailed written description
            an asset hat the institution may use to grant lawful rights to practice under   of the invention, and any references and other information as needed. Also
            the patents to companies. Patents do not guarantee the right to make a   key in the patent filing decision is whether the idea can be turned into a
            specific product. In the U.S., the term of a patent is 20 years from the non-  marketable product. As one would expect, not every invention disclosure is
            provisional or patent filing date.                                    appropriate for patent protection.
            •  Patents go through several stages before an official patent is granted.
             Any patent that is not yet granted can be referred to as “patent pending.”
            •  Claims define the scope of the protection (i.e. which subject matter is
             protected). Careful review of the wording of claims with your patent
             attorney assigned by your Licensing Manager is crucial to long
             term success.
            •  The U.S. Patent and Trademark Offices website (uspto.gov) provides
             extensive background in nearly every aspect of patents.
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