Lecture on Patents and Intellectual Property

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A set of vocabulary flashcards designed to aid in the understanding of key terms related to patents and intellectual property.

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17 Terms

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Patent

A legal document granting the exclusive right to a product or process that provides a new way of doing something or offers a new technical solution to a problem.

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Intellectual Property

A category of property that includes intangible creations of the human intellect.

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Novelty

A requirement for patentability indicating that the invention must contain a new feature not known in the existing body of knowledge at the time of filing.

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Inventive Step

A requirement stating that the invention must not be obvious to someone with knowledge and experience in the subject area.

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Utility

The requirement that an invention must be capable of being used for an industrial or business purpose.

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Exclusivity

The right given to patent owners to make, use, or sell their inventions without others exploiting them without permission.

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Patent Application

The formal request filed with a patent office to obtain a patent.

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Design Patent

A patent that protects the ornamental design of a functional item.

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Utility Patent

A patent that protects new or improved inventions by prohibiting others from making, selling, or using the invention.

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Plant Patent

A patent that protects new varieties of plants that are asexually reproduced.

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TRIPS Agreement

An international treaty that establishes minimum standards for the protection of intellectual property rights.

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Patent Eligibility

The specific criteria set forth by law that determine whether an invention qualifies for patent protection.

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Scope of Patent Protection

The extent to which a patent protects an invention, as described in the patent claims.

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Prior Art

Existing knowledge and inventions that are publicly known before the filing of a patent application.

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Right of Priority

The right to claim the filing date of an earlier patent application when filing subsequent applications in other countries.

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Patent Publication

The process by which a patent application is made available to the public after a specified period, typically 18 months from the filing date.

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Non-Patentable Subject Matter

Categories of ideas and inventions that cannot be patented, such as scientific theories or natural phenomena.