Patents are legal protections granted to inventors for their new and useful inventions, giving them exclusive rights to make, use, and sell their innovations for a specified period, typically 20 years from the filing date. These rights are intended to encourage creativity and technological advancement by providing inventors with the opportunity to recoup their investments and profit from their inventions. To be eligible for a patent, an invention must meet specific criteria, including novelty, non-obviousness, and industrial applicability. By safeguarding intellectual property, patents play a crucial role in fostering innovation, promoting competition, and driving economic growth. They also facilitate knowledge sharing by requiring detailed public disclosure of the invention, which can inspire further research and development in various fields.

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