Introduction
Patents are useful for protecting the rights of inventors and innovators who create new technology. The patents provide protection for the idea and in return, the new invention is available to the public for relevant use. The validity of a patent is twenty years. The downside is that no one else can come up with the same idea for those twenty years. Other inventors can use the invention in their products without modifying the base product with a license provided by the patent holder. For example, if an inventor creates a car that runs on water, it will prevent ...
