Patent
Published on Apr 10, 2016
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PRESENTATION OUTLINE
PATENT
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Definition
A licence that gives the inventor of a new product the exclusive right to sell it for a certain period of time
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Exemplo
Suppose that Leland Pharmaceuticals developed a new asthma medication called BreatheDeep that helped people with asthma develop stronger lungs. If Leland's researchers could prove to the government that they had invented BreatheDeep, the Food and Drug Administration would grant Leland a patent. This patent would give Leland the exclusive right to sell BreatheDeep for twenty years.
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example pharmaceutical companies spend large sums on research and development and patents are essential to earning a profit.
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