August 11, 2022
Successful economic activity in civilized countries is based on constant innovation.
That is why the following legally regulated deal exists in these societies:
Technical inventions are granted a time-limited monopoly (max. 20 years) and in return the core of the invention must be made public.On the one hand, this protects investments for the commercial implementation of an invention, and on the other hand, further innovations are made possible at an early stage by being able to build on published inventions. Patents are a driver of innovation.
Technical inventions can be patented by technical solutions.
The following conditions must be met
1. novelty: the invention must therefore not already be known before filing.
2. inventive step: the invention must have a certain inventive step, i.e. it must not result trivially from the prior art.
3. commercial applicability: the invention must be commercially exploitable in some way.
1. Technical problem: Fixing a screw firmly into a wall.
2. Technical solution: Use a deformable plastic with a special shape for the anchor, which deforms when the screw is screwed in so that a particularly stable hold of the screw in the wall is created.
Patents are not a fun event, but are regulated by law:You have to observe the valid industrial property rights of others in order not to infringe them and thus sometimes get into serious trouble.
Companies are therefore well advised to inform themselves comprehensively and systematically about relevant IP rights of third parties and to keep up to date in order to be allowed to do what their corporate purpose is ("freedom-to-operate").
Furthermore, patent management ensures that one's own investments in innovations are used correctly in order to avoid duplicate developments (of e.g. already known solutions) and to know about and learn from the commitment of competitors.
To efficiently complete the processes of information procurement, maintenance and processing in patent management and to keep the database up to date.