What is a patent?

A patent is an exclusive right granted by the government that allows inventors or owners to protect their inventions for a period of time. Patents typically involve new, useful, and non-obvious technologies, products, or methods. The main purpose of the patent system is to encourage innovation and promote technological progress.

Enjoy commercial privileges through patent rights, thereby promoting industrial development. Companies or individuals holding patents can gain a competitive advantage in the market and obtain economic benefits from their inventions.