Patent Protection in Global Trade

Patent protection in global trade grants inventors exclusive rights to their inventions in different countries, preventing others from making, using, or selling them without permission. This system encourages innovation by rewarding creators and facilitating international commerce. To secure such rights internationally, inventors often file patents in multiple countries or through international agreements like the Patent Cooperation Treaty (PCT). While patents promote progress and protect investments, navigating different legal systems can be complex, requiring careful management to ensure inventions are protected across various markets.