The importance of patent searching to save cost, time


A patent is a statutory right granted by the government subject to fulfilling certain criteria. Though the subject matter of protection differs depending on the industry, the common rules for all inventions are that they should be novel, non-obvious and applicable to the industry. A patent also provides the legal basis for monopoly in the commercialization of a product or process.

Importance of knowing the state of art prior to investing in patents by Pankaj Musyuni