Patent Protection for a Item Tips or Inventions

United States Patent is primarily a "grant of rights" for a constrained time period. In layman's terms, it is a contract in which the United States government expressly permits an personal or company to monopolize a particular concept for a restricted time.

Typically, our government frowns upon any kind of monopolization in commerce, due to the belief that monopolization hinders totally free trade and competition, degrading our economic climate. A good instance is the forced break-up of Bell Telephone some years ago into the numerous regional telephone companies. The government, in particular... [Read more »]