The protection of the originality of the inventions, writings, computer programs, creations of art etc. is assured by the intellectual property rights. They also include the patent trademark. In simple terminology, they can be explained as the exclusive rights given to a person over the use or dealing with the patented item. Any approved patent will remain original, functional and relevant for all the economical processes. These rights are permanent in nature.
The patents are divided into three basic categories b the United States Patent and Trademark Office or USPTO. These classifications are the following:
1. Plant Patent: This works on the plants that have been created through asexual reproduction. Every institution or person that develops a new plant through asexual reproduction receives the plant patent.
2. Utility Patent: This patent is related to the technology, mechanisms or manufactured pieces or machines that contribute to industrial, scientific or economic development.
3. Design Patent: This patent is provided to the designs for a technology, item or program etc. The designs have to be new, unique and useful to get the patent.
People often confuse between the patent and a trademark. A trademark is a signature or symbol used by a company or institution. They are used by the companies to ensure the originality o their brand and to avoid any confusion amongst the customers. Trademarks consist of names, symbols or images that give the company the exclusive right to use them as a mark on their products and documents and it also denies the use of same marks by any other company dealing in same or different items.
There are two uses of patent. The first use is that, the company can launch its products in the public without the fear of them being copied by the others. Secondly, they are useful for the company to secure the profit from their invention by getting the exclusive right over all the economic processes involving their creation.
Patents have received both…