Patent(IPR) meaning | Patent kya hota hai | Patent Act 1970 #intellectualproperty

🔴 A patent is a legal right granted by a government that gives an inventor exclusive control over an invention for a limited period (usually 20 years from the filing date).
In simple terms:
A patent means only the inventor (or owner) can make, use, sell, or license the invention during that time.

🔴 Key points:
📌 It protects new and useful inventions (products, processes, machines, or improvements).
⏳ It lasts for a limited time, after which anyone can use the invention.
🛡️ It prevents others from copying or using the invention without permission.
📄 In exchange, the inventor must publicly disclose how the invention works.

🔴 Example:
If you invent a new type of phone battery and get a patent, others cannot manufacture or sell it without your permission until the patent expires.
If you want, I can also explain types of patents or give a real-world example.

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🔴 This video might be useful for students preparing for -
🫵🏻 11th Commerce #11thcommerce
🫵🏻 12th commerce boards #12thcommerce
🫵🏻 CUET #cuet
🫵🏻 CSEET(CS FOUNDATION ICSI) #cseet
🫵🏻 CA Foundation #cafoundation
🫵🏻 UGC NET COMMERCE #ugcnetcommerce
🫵🏻 LLB #llb
🫵🏻 UGC NET LAW #ugcnetlaw
🫵🏻 Economics Students

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🔴 In this video-
Teacher's Name - CS Payal Popli
Topic - Copyright - Patent - IPR - Intellectual Property Right
#padhakulog

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