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Understand The Australian Patent System

Posted by on Apr 25, 2016 in Uncategorized | Comments Off on Understand The Australian Patent System

Intellectual property refers to non-tangible inventions that result from the creativity of the human mind. Examples of intellectual property include business ideas and artistic creations. Because intellectual property is not tangible, the patent system is used to grant ownership of such property to the inventing party. A patent gives an inventor the exclusive right to exploit the commercial value of intellectual property for a pre-set duration of time. This article answers two common questions about the Australian patent system for the...

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