Patent

From CNM Wiki
Jump to: navigation, search

Patent. An exclusive right to sell or produce one's discovery or invention. A patent is good for 20 years.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Patent. An exclusive right to sell or produce one's discovery or invention. A patent is good for 20 years.

According to Principles of Economics by Timothy Taylor (3rd edition),

Patent. A government rule that gives the inventor the exclusive legal right to make, use, or sell the invention for a limited time.

According to the ASME EMBOK,

Patent. The exclusive legal right to make, sell, or license novel and useful inventions.


Related concepts

Related lectures