Patent Safety for a Solution Concepts or Inventions

Patent Safety for a Solution Concepts or Inventions

United States Patent is essentially a "grant of rights" for a constrained period. In layman's terms, it is a contract in which the United States government expressly permits an individual or business to monopolize a certain concept for a limited time.

Typically, our government frowns on any kind of monopolization in commerce, due to the belief that monopolization hinders free trade and competition, degrading our economy. A excellent illustration is the forced break-up of Bell Telephone some years in the past into the a lot of regional telephone firms. The government, in particular the Justice...