HHS Lawyers.
Patent Monitoring Service
In principle, the patent proprietor has the exclusive right to prevent or prevent others from exploiting the patented invention commercially. In other words, the protection of patents implies that the invention cannot be made, used, distributed, imported or sold commercially without the consent of the patent proprietor.
What type of protection is offered by the Patent?
HHS Lawyers.
A patent is critical because it safeguards your invention, whether it is a product, a design, or a process.
The most apparent advantage of patents is that they prevent competitors from copying their inventions. If you obtain a patent for an innovation, it will be impossible for others to use it freely. Thus, a patent aids in the protection of your invention, which ultimately results in business growth.
Safeguard your invention.
Patent Contributes to Your Business’s Growth
In other words, you will obtain a monopoly, effectively prohibiting other individuals or businesses from developing comparable products within the same scope.
HHS Lawyers.
If your innovation meets specific criteria for novelty and utility, it will be protected by a patent for up to twenty years and in as many countries as you wish.
If you have obtained a patent for your invention, you can strengthen your market position by prohibiting other businesses from competing in your particular speciality. The Patent enables you to improve your market position and reduce competition. As a result, your business will see a high return on investment.
High return on investment
In exchange for royalties, patent owners may wish to license their innovation to a third party. Licensing may be advantageous for start-ups that lack the financial resources or infrastructure necessary to independently manufacture or sell a product but wish to retain an economic benefit from the innovation. Licensing can also be beneficial in international markets, as it enables businesses to leverage the expertise of local distributors.
Licensing Patents
HHS Lawyers.
intellectual property rights. What is the law governing Patent protection?
No. 17
Federal Law governs protection in the UAE of modified by Federal Law of
FAQs About Patent Service
assets retain their value
essential. What are the benefits of Patent Monitoring? identify and monitor potential competitors keep pace with developments in a particular field of interest 1. 2.
patent
2002 (as
No. 31
Patent Monitoring ? For
businesses
Who may apply for the business owners who want to that their and is
is Patent Monitoring? Patent monitoring
What is a critical tool for to overview of competitors’
protection, keeping an eye on patents and utility models
ensure
2006). 1 2 3 4 HHS Lawyers.
maintain an accurate
their
Contact Us Call Us On: +971 52 1782364 Send Us an Email: expert@hhslawyers.com Get Direction: 5rh Floor, Regga Business center, Dubai, UAE. تارﺎﻣﻹاﻲﻓعاﺮﺘﺧﻻاةءاﺮﺑﻞﻴﺠﺴﺗوﺔﻳﺎﻤﺣ
