How
are you doing? Are you ready for another opportunity to eliminate
another suspect? Let's go and learn how patents protect inventors,
and why they are important.

Patents
give the inventor a legal monopoly of his/her invention. Word
Central defines monopoly as “complete control over
the entire supply of goods …complete
possession” or “a commercial product controlled
by one person or company”. The control the patent
holder has over his/her intellectual property guarantees
that any money made by selling the invention will go to himself
or herself. Only the inventor has the right to sell all or
parts of the invention or license the invention to a manufacturer
in exchange for royalties or a percent of the sales. This
governmental protection rewards inventors and encourages
them to keep on inventing new and improved products and technologies.
You
have already learned that copying or selling intellectual
property without permission is called infringement. The government
offers additional protection by giving the patent holder
the right to sue if patent laws are not obeyed. Often the
patent holder doesn't even know he is the victim of the infringement
crime. The government is able to help by tracking applications
and watching out for counterfeiting.
Protecting
intellectual property is important because it helps encourage
creativity and innovation. Most people agree that new inventions
are helpful, and better medicines are beneficial. Without
protection, innovators, people who make new things, would
not get paid and would not be able to keep on inventing.
Then people and businesses would suffer the consequences.
Sometimes
the USPTO can take up to a year to grant a patent. Some companies
or inventors don't want to wait that long to sell their products
so they put a mark on their products that says "Patent
Pending"
or "Patent Applied For". Neither one offers any real
protection but manufacturers hope to discourage others from copying
their products. A patented product can be marked with the word "Patented"
and can even have the patent number. This now protects the patent
holder.
The
U.S. Patent and Trademark Office can only protect your rights
within the United States. Next, you will learn all about
international treaties that offer additional protection for
the patent holder. But first...
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your next clue.
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