What is a patent?
Discover the world of patents in just 60 seconds! Learn what a #patent is, why it's essential, and how it protects your inventions. Here are 7 interesting facts:
Patents are granted for a set period, typically 20 years.
#Inventions must be new, non-obvious, and useful to be patented.
The first patent ever granted was for an automated flour mill in 1421.
Patents encourage innovation and drive economic growth.
The US Patent and #Trademark Office (USPTO) processes over 600,000 patent applications every year.
Famous patents include the telephone, the airplane, and the computer mouse.
Patent law varies between countries, but many offer similar protection.