Patent System

The patent system is a legal framework that grants inventors exclusive rights to their inventions for a limited time, typically 20 years. This protection encourages innovation by allowing inventors to benefit financially from their work and prevents others from copying or using their inventions without permission. In exchange, inventors must publicly disclose details of their invention, enabling others to learn and build upon it once the patent expires. Patents are granted by government authorities, fostering a fair environment for technological progress and economic growth while balancing public access to new innovations.