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PATENTS

Patents grant exclusive rights to the owner of an invention. This
invention may be a novel form of doing something or is a novel technical
solution to a problem. Protection under patent essentially means that
the invention cannot be commercially used in any way unless the owner
of the patent consents to such use. Some brilliant examples of patents are
the invention of computer which changed the way the world works; and
chemical patents such as the chemotherapy that provided a solution to
the deadly disease of cancer.

Requisites: There are certain standards that an invention must fulfill in
order to be granted patent right and the thresholds are generally high.

Novelty: One of the fundamental requirements of registration of patents
is novelty. The invention must not be already in the public domain and
must be new.

Industrial application: The invention must be capable of having
industrial application, in essence, it must be capable of being produced
through an industrial process. It cannot be a mere theoretical idea. If it
is an idea that cannot be applied and made use of, it cannot be patented.

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