Module 17 2024

What is a Patent?

• It has the attributes of personal property

• Assign

• License

• Use as security

• Transfer by will etc.

• Patent information is publicly available

• It is published at the application stage as well as once it is granted as a patent

• Usually 18 months after filing or priority date

9

9

What is a Patent?

• Patent Term

– Basic rule: 20 years from filing date

– But usually not that simple

• Annuties or maintenance fees

• Follow-on applications claiming priority

• Patent Term Extensions and Supplementary Protection Certificates

• Patent Term Adjustments (U.S. only)

• Disclaimer of patent term (U.S. only)

10

10

5