Management and Organizational Studies 2275A/B Chapter Notes - Chapter 18: Patent Infringement, Trademark Infringement, Compulsory License

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Patents: patent: a monopoly to make, use or sell an invention, statutory right. Patents defined: the patent act, defines inventions as "any new and useful art, process, machine, manufacture or composition of matter or any new and useful improvement. Products or compositions of matter: definition is broad and includes: Exclusions from patent protection: things that receive exclusive protection under other areas of the law, things that do not meet the definition of a patent. Example: medical treatments: things that are, for policy reasons, not patentable. New when it has not been disclosed publicly. If any public disclosure, public use, or sale of the invention prior to filing for a patent renders the invention old and unpatentable. There must be some ingenuity or inventive step involved in the invention. Changes must be obvious to someone with knowledge in the industry. Patent agent: a professional trained in patent law and practice who can assist in the preparation of a patent application.

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