PATENT-TRADEMARK

Intangible assets resulting from the creative work of an individual or organization.

✓Inventions ✓ literary and artistic works ✓Symbols, names, images and designs used in commerce are example of

The State shall protect and secure the exclusive rights of scientists, inventors, artists and other gifted citizens to their intellectual property and creations, particularly when beneficial to the people, for such period as may be provided by law

to protect and secure the exclusive rights of scientist, inventors, artist, etc.

patents are only valid in the country or region in which they have been granted

applicant who files first will get the patent

applicant shall disclose in a manner sufficiently clear and complete (*Quid pro quo principle)

patents are granted only upon compliance with the criteria of patentability

Patentable inventions

• NOVELTY

• INVENTIVE STEP

• INDUSTRIALLY APPLICABLE

The ______________ (i.e. anticipation) can only be established by a single prior art reference which discloses each and every element of the claimed invention.