Patent: a patent refers to the right granted to anyone who invents any new, useful, and non-obvious process, machine, article of manufacture, or composition of matter.
An invention is a solution to a specific technological problem, and may be a product or a process. For a business, patents are largely viewed as the bread & butter of business assets.
A person or legal entity can patent any new invention or an improvement on an old invention and gives the owner exclusive rights to make, use and sell the invention. A Canadian patent is valid for 20 years from the date of application and is made available to the public 18 months after filing. Maintenance fees are due every year after publication until the end of the patent life. Registration is not renewable.
Pillar IP provides the following services with respect to patents: consultation and strategic planning, searches, patent drafting and prosecution, agreements and licensing, strategic world-wide prosecution. Feel free to contact us to assist you with all your copyright needs.