Week 1

Question 1

What is Patent?

Answer 1

is a legal instrument, right, granted by the state to the inventor to allowing to exclude
others from commercially exploiting the invention for a limited period.

Question 2

What is Patent protection?

Answer 2

For the return of the disclosure of the invention so that others can benefit from it. Patent exclusivity over the invention granted as the reward to the invention for the time, efforts and ingenuity invested in creating a new production process and technologies. The Patent monopoly is limited to the time and last usually 20 years from filing the patent application.

Question 3

What is the Patent System?

Answer 3

Patents are granted by national or regional patent offices. A given patent is therefore only useful for protecting an invention in the country in which that patent is granted. In other words, patent law is territorial in nature.

Question 4

What is the patent system in modern based economies?

Answer 4

1

Question 5

The aim is the role and the function of the patent system?

Answer 5

1

Question 6

Economic benefits for innovators, society and innovation system?

Answer 6

1

Question 7

To analyze the coloration between the patents and free and third market competition?

Answer 7

1

Question 8

The relationship between the patent system and economic growth and the microeconomic
approach on patents?

Answer 8

1

Question 9

When and where was granted first privilege in favor of the inventor ?

Answer 9

in 15 century in Italy and England inventors started to get some monopoly rights for a commercial exploitation of the
invention for return insurance a public benefits.

Question 10

What is the aim of the patent system?

Answer 10

The aim of the patent system is to encourage the innovation by providing the limited monopoly by the inventor or his legal successors in return of disclosure of the invention.

Question 11

What is Patent protection?

Answer 11

The state gives legal protection and exclusivity of economic rights, to the inventor for a limited time.

Question 12

What is the patent system?

Answer 12

The Patent system protects the rights of inventors.

Question 13

What is the aim of the Patent system?

Answer 13

To encourage innovation by providing the limited monopoly to the inventor

Question 14

How long does a patent Last?

Answer 14

20 years

Question 15

What happens to the invention after 20 years

Answer 15

The invention may be freely used by the public

Question 16

Can the benefit of a patent be passed on?

Answer 16

Yes it can be passed on to legal successors

Question 17

How do patent holders benefit from a patent?

Answer 17

They hold the exclusive right to develop the invention exclusively during the life time of the patent

Question 18

What is considered to be the balance between a patent system the free and fair market system?

Answer 18

The exclusivity of the patent over the public disclosure of the invention