A patent provides protection for an invention to the owner of the patent. The protection is granted for a limited period, generally 20 years. Patent protection means that the invention cannot be commercially made, used, distributed or sold without the patent owner's consent.
A patent provides an exclusive legal right to an invention for a limited period of time, in exchange for public disclosure of that innovation. As with other property rights, patents may be sold, transferred, or licensed for a third party’s use.
A patent is an exclusive legal right to own and market an invention or improvement for a limited period of time, in exchange for public disclosure of the invention.
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TAP Academics
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TAP Blog
Harvard’s Josh Lerner and Stanford’s Amit Seru share findings from their recent work with Nick Short and Yuan Sun to identify who the innovators and patent awardees are within the financial technology sector.
April 7, 2022
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"The best way to resolve this issue is not to change policy approaches." — Mark Lemley, Professor of Law, Stanford University
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Three tailored patent reforms would improve the patent system without requiring more evidence as to whether stronger patent protection promotes innovation generally.
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