Define the term patent and what are the conditions that must be met for obtaining patent protection
Answer:-
A patent is an exclusive right granted for an innovation that generally provides a new way of doing something or offers a new technical solution to a problem. The exclusive right legally protects the invention from being copied or reproduced by others. In return, the invention must be disclosed in an application in a manner sufficiently clear and complete to enable it to be replicated by a person with an ordinary level of skill in the relevant field.
Conditions for Obtaining a Patent Protection:-
•Novelty – Not part of ‘State of the Art’. The innovation claimed in the patent application is new and not known to anybody in the world. In other words, the innovation is a) not in the knowledge of the public, b) not published anywhere through any means of publication and c) not be claimed in any other specification by any other applicant.
•Inventive step – Not obvious to the person (s) skilled in the art. The innovation is a) a technical advancement over the existing knowledge, b) possesses economic significance and, c) not obvious to a person skilled in the concerned subject.
•Capable of industrial application – For the benefit of society. The invention is capable of being made or used in any industry.