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What is the Objective behind Patent Law?
SOLUTION:
Patent:
- Patent means a grant of some privilege, property or authority made by the Government or the Sovereign of the country to one or more individuals.
- The instrument by which such grant is made is known as "patent".
Objectives of the Indian Patent Act 1970:
In order for the Indian Patent Act to be successful following are the objectives:
- Import of various product should be excluded from the definition of invention.
- The Government of India (GOI) should give certain privileges and incentives to encourage inventors to invent new products.
- All inventors should not disclose trade secrets about their inventions.
- The inventors are encouraged to invent new and useful in case of manufacturing products.
- The main purpose of an invention is not only to protect its owners but also to encourage true and fair competition in the field of technology.
My name is Kamal Thakur. I studied my eductaion (B.Sc.IT) from Mumbai University.
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