Tag: paying

A patent is a government granted right that allows the inventor to exclude anyone else from making, using or selling the invention in the country that issued the patent.The government grants this right to help encourage inventors to spend the time, money and effort to invent new products, technologies and such.In america, the term of a new patent is 20 years from the date on which the application for the patent was filed or, in special cases, from the date an earlier related application was filed, subject to the payment of maintenance fees...