Patent Protection for a Solution Ideas or Inventions

United States Patent is essentially a "grant of rights" for a constrained time period. In layman's terms, it is a contract in which the United States government expressly permits an personal or company to monopolize a specific concept for a limited time.

Typically, our government frowns upon any kind of monopolization in commerce, due to the belief that monopolization hinders cost-free trade and competition, degrading our economic climate. A good example is the forced break-up of Bell Phone some years in the past into the many regional mobile phone firms. The government, in certain the Justice... [Read more…]