
Utility Model
A utility model is a type of intellectual property protection for inventions that offers rights similar to a patent but is typically easier and faster to obtain. It is designed for new products or processes that provide a practical benefit or utility. Utility models often have a shorter protection duration, usually ranging from 7 to 10 years, and do not require the extensive examination process that patents do. This makes them a popular choice for small businesses and innovators looking to safeguard their inventions without the complexity and cost of traditional patenting.