Difference between revisions of "Patent"
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According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | 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. | :[[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. | ||
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==Related concepts== | ==Related concepts== | ||
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*[[Regulatory Сompliance Quarter]]. | *[[Regulatory Сompliance Quarter]]. | ||
| − | [[Category: Septem Artes Administrativi]][[Category: Articles]] | + | [[Category: Septem Artes Administrativi]][[Category: Economics]][[Category: Articles]] |
Revision as of 17:17, 2 June 2020
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.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
