Patent Registration
The purpose of patent registration in India is to provide legal protection and exclusive rights to inventors for their new inventions or innovations. Patent registration enables inventors to prevent others from using, selling, manufacturing, or importing their invention without their permission for a limited period of time.
In India, patents are granted under the Patents Act, 1970, which provides legal protection to inventors for their inventions that are novel, non-obvious and have an industrial application.
In summary, patent registration in India is important because it provides legal protection to inventors for their inventions, promotes innovation and economic growth, promotes public disclosure of inventions, and facilitates technology transfer.
The main objectives of the Patents Act are
To encourage innovation and creativity
To promote economic growth
Patent protection helps to promote economic growth by enabling inventors to commercialize their inventions and receive a return on their investment.
To promote public disclosure of inventions
Patent registration requires inventors to disclose their inventions to the public, which helps to promote the sharing of knowledge and advances in technology.
To facilitate technology transfer
Patent protection can facilitate the transfer of technology from one country to another by providing legal protection to inventors and enabling them to license their inventions to others.