Difference between revisions of "Patent"

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According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
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.
 
:[[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.
  
  
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*[[Regulatory Сompliance Quarter]].
 
*[[Regulatory Сompliance Quarter]].
  
[[Category: Septem Artes Administrativi]][[Category: Economics]][[Category: Articles]]
+
[[Category: Septem Artes Administrativi]][[Category: Economics]][[Category: Articles]][[Category: Management]]

Latest revision as of 09:50, 18 July 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.

According to the ASME EMBOK,

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


Related concepts

Related lectures