Patent Law

Patent Protection: 20 Years or Less? โฐ


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๐Ÿ›๏ธ The Innovation Clock is Ticking

๐ŸŒŸ What if I told you that every invention has an expiration date? From the moment someone files a patent application, a countdown begins - but the rules aren't the same for every type of invention!

๐Ÿ’ก What You'll Discover:

  • ๐Ÿ” Why utility patents get 20 years from filing date (not approval date!)
  • โš–๏ธ How design patents work differently - 15 years but counted from grant date
  • ๐ŸŽฏ The hidden costs that can kill your patent before it expires
  • ๐Ÿ’ฐ Why maintenance fees are the secret weapon against patent holders

๐Ÿš€ Key Legal Framework:

  • ๐Ÿ’Ž WTO TRIPS Agreement - The global standard that made 20 years universal
  • โญ International Patent Standards - How different countries handle the same rules

๐Ÿค” The Big Question:

In our rapidly changing tech world, does a 20-year monopoly still make sense? Are we protecting innovation or accidentally slowing it down?

๐ŸŽ™๏ธ This episode reveals the delicate balance between rewarding inventors and keeping knowledge flowing to benefit everyone - including why your smartphone might have hundreds of expired patents inside it!

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Patent LawBy Sharad Bansal