Utility Model Rights

Utility Model Rights are a type of intellectual property protection that grants exclusive rights to inventions, particularly related to industrial designs. They are similar to patents but are generally easier and faster to obtain. Utility models protect new and functional shapes or designs of products, ensuring that creators can benefit from their inventions without the risk of copying by others. The protection usually lasts for a shorter period, often between 7 to 10 years, and is commonly used in industries where innovation is rapid and incremental. This encourages creativity and investment in new product development.