Inventions and Ownership

Inventions are original ideas or creations that offer new solutions or improvements. Ownership of an invention means having the legal rights to it, often secured through patents, which give the inventor exclusive control for a period. This rights system encourages innovation by allowing inventors to benefit financially from their work while eventually sharing knowledge with the public. Ownership determines who can manufacture, sell, or license the invention, and rights can be transferred or licensed to others. Maintaining clear ownership rights is essential to protect inventions, encourage investment, and foster technological progress.