A patent is a right granted to an individual or enterprise by the government which excludes others from making, using, selling, or importing the patented product or process without prior approval.
Patent filing or patent registration is the first step an inventor takes to protect his/her invention from being misused. Patent filing in India is a fairly complicated ordeal, however, with the right legal guidance, it can be done easily. Any business entity or an individual who believes in securing his patent, which is one of the intellectual properties, should get a legal consultation from expert patent practitioners. Vakilsearch helps you with the simplest way to file a patent.
Who should file a patent?
A patent can be filed by any individual or business that wants to protect an invention or an idea. An invention can be a new product or a new process.
What are the benefits of filing a patent in India?
Certain benefits of filing a patent in India are as follows-
A patent is a form of encouragement for innovations and inventions. Once an applicant is granted the patent, he or she becomes the exclusive owner of the invention or the idea.
Filing a patent in India is important for a business as the patent restricts its competitors from copying, selling, or importing its intellectual property without prior permission. This way the patent holder can protect his patent rights in support of the existing laws of the land.
A patented product is likely to improve brand perception and potentially enable your business to charge a premium.
Patents can be sold and licensed like other forms of property
A patented product is likely to improve brand perception and potentially enable your business to charge a premium.
With exclusive patient rights, the owner of the patent controls the use of the invention for twenty years and longer
