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WHAT IS A
PATENT?
A patent
is the registration and therefore the right granted to a device,
method or process, which is new, innovative and useful. It is
legally enforceable and gives the owner exclusivity in the
commercial exploit of the invention for the life of the
patent.
In
Australia, there are two ways you can register a patent:
1. A
standard patent, which provides long term protection of your
invention for up to twenty years
2. An innovation
patent, which is a quicker and less costly option, lasting for a
maximum of eight years
An
innovation patent is designed to protect an invention that
does not sufficiently meet the requirements of registering a
standard patent.
Patents
give protection if you have an invention that will lead to a
product or device or process with long-term commercial gain. When
filing an application you must share the full details of the
invention and be able to explain how it is new or improves upon an
existing invention. This information will be made available to the
public.
You
cannot patent the following:
- Artistic
creations
- Mathematical
models
- Plans or
Schemes
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