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Do I Need A Patent?  

Greetings! Welcome to the LibGuide to determine if you need to obtain a Patent. In this LipGuide, you will be able determine the benefits of a patent, the disadvantage and the process of obtaining a patent.
Last Updated: Nov 20, 2015 URL: Print Guide RSS UpdatesEmail Alerts

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What is a Patent?

A patent is a license provided by the government, which gives the issuer the exclusive right to process, design, or create a new invention within a specific period. In the U.S., the United States Patent and Trademark office handles the application and documentation process. Most patents in the United States are valid for twenty years. A patent can provide individuals and companies the right to create a new product without the fear of competition. A good example is within the pharmaceutical industry. 



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