Patent
A Patent is a statutory right granted by the Government to an inventor for a limited period of time (usually 20 years) in exchange for a full public disclosure of the invention.
Core Purpose: It provides the patentee the exclusive right to prevent third parties from making, using, offering for sale, selling, or importing the patented invention without permission.
Three Pillars of Patentability: To be patentable, an invention must be:
Novel: It must be new and not exist in the "prior art" (public domain).
Invention Step (Non-Obvious): It must not be obvious to a person skilled in the same field.
Industrial Application: It must be capable of being made or used in an industry.
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