patent

(noun)

A declaration issued by a government agency declaring someone the inventor of a new invention and having the privilege of stopping others from making, using or selling the claimed invention; a letter patent.

Related Terms

  • Trademark
  • copyleft

Examples of patent in the following topics:

  • Digital Media and Intellectual Property Issues

    • It is an intellectual property form (like the patent, the trademark, and the trade secret) applicable to any expressible form of an idea or information that is substantive and discrete.
    • Intellectual property rights encompass copyrights, trademarks, patents, industrial design rights and trade secrets depending on the jurisdiction.
    • These critics also argue that the public interest is harmed by ever expansive monopolies in the form of copyright extensions, software patents, and business method patents.
  • Brand Ownership

    • A brand owner may seek to protect proprietary rights in relation to a brand by registering the trademark such that it becomes a "Registered Trademark. " Also, a firm or licensor can also grant the right to use their brand name, patents or sales knowledge in exchange for some form of payment.
  • Screening

    • For example, new product ideas can be rated on a scale ranging from very good to poor, in respect to factors such as value added, sales volume, patent protection, and effect on present products.
  • The North American Free Trade Agreement (NAFTA)

    • It also protects copyright, patents, and trademarks between those countries.
  • Political and Regulatory Environment

  • Defining Product

    • This includes copyrighted property such as literary or artistic works, and ideational property, such as patents, appellations of origin, business methods, and industrial processes.
  • New Product Pricing

    • Having legal protection via a patent or copyright may also allow for an excessively high price.
  • Political Environment

    • Nevertheless, governments outside the U.S. take this involvement one step further by influencing marketing programs within organizations in the following ways: contracts for the supply and delivery of goods and services; the registration and enforcement of trademarks, brand names, and labeling; patents; marketing communications; pricing; product safety; and environmental issues.
  • Main Social Networks

  • Social Media

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