Like Legal Law

PATENT – ORIGIN AND CONCEPT OF NOVELTY (With Case Laws) This answer is written in LL.B. exam-oriented simple language with detailed legal analysis and important case laws. PART I – ORIGIN OF PATENT 1. Meaning of Patent A Patent is a statutory right granted by the government to an inventor for a limited period of time (generally 20 years), giving exclusive rights to: Make Use Sell Manufacture Import the invention. In India, patents are governed by the , as amended in 1999, 2002 and 2005. 2. Historical Origin of Patent System (A) Early Origin – Europe 1. Venice Patent Law (1474) The first formal patent system began in: in 1474. Features: Exclusive rights granted to inventors. Disclosure of invention required. Protection for limited time. This became the foundation of the modern patent system. 2. England – Statute of Monopolies (1624) In England, monopolies were abused by the Crown. To regulate this: was enacted. It allowed: Monopoly only for “new...