Patent | Wikipedia audio article

This is an audio version of the Wikipedia Article:

00:01:48 1 Definition
00:03:23 2 History
00:08:09 3 Law
00:08:18 3.1 Effects
00:10:43 3.2 Challenges
00:11:47 3.3 Infringement
00:12:23 3.4 Enforcement
00:14:44 3.5 Ownership
00:16:38 3.6 Governing laws
00:21:01 3.7 Application and prosecution
00:23:47 3.7.1 Costs
00:25:22 3.8 Alternatives
00:26:49 4 Benefits
00:32:02 5 Criticism
00:35:44 5.1 Anti-patent initiatives
00:38:11 6 See also

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“I cannot teach anybody anything, I can only make them think.”
– Socrates

A patent is a form of intellectual property. A patent gives its owner the right to exclude others from making, using, selling, and importing an invention for a limited period of time, usually twenty years. The patent rights are granted in exchange for an enabling public disclosure of the invention. In most countries patent rights fall under civil law and the patent holder needs to sue someone infringing the patent in order to enforce their rights. In some industries patents are an essential form of competitive advantage; in others they are irrelevant.The procedure for granting patents, requirements placed on the patentee, and the extent of the exclusive rights vary widely between countries according to national laws and international agreements. Typically, however, a granted patent application must include one or more claims that define the invention. A patent may include many claims, each of which defines a specific property right. These claims must meet relevant patentability requirements, such as novelty, usefulness, and non-obviousness.Under the World Trade Organization’s (WTO) TRIPS Agreement, patents should be available in WTO member states for any invention, in all fields of technology, provided they are new, involve an inventive step, and are capable of industrial application. Nevertheless, there are variations on what is patentable subject matter from country to country, also among WTO member states. TRIPS also provides that the term of protection available should be a minimum of twenty years.

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