Patent Protection for a Product Suggestions or Inventions

United States Patent is essentially a "grant of rights" for a constrained time period. In layman's terms, it is a contract in which the United States government expressly permits an person or company to monopolize a particular idea for a constrained time.

Typically, our government frowns on any variety of monopolization in commerce, due to the belief that monopolization hinders free trade and competition, degrading our economic climate. A very good instance is the forced break-up of Bell Telephone some years in the past into the a lot of regional phone companies. The government, in certain...