A patent is a right granted to the owner of an invention that prevents others from making, using, importing or selling the invention without his permission.
A patentable invention can be a product or a process that gives a new technical solution to a problem. It can also be a new method of doing things, the composition of a new product, or a technical improvement on how certain objects work.
Once it is granted, its term of a patent is 20 years from the Date of Filing, subject to the payment of annual renewal fees.
Once you register a patent, apart from using the patent to prevent others from exploiting your invention, you can employ it to raise funds for your business, license it to third parties for commercial returns or sell the patented invention
The use of the information contained in a patent is an effective tool for planning any process of technological development. Also, from the study of a patent it is possible to determine the novelty, the possible patentability of an invention and identify the technology which may be used freely.
Probably the sources of technological information used regularly are direct contacts with scientists, engineers, entrepreneurs, literature and visits to exhibitions, but ... Do you consult patent documents?:
The information regarding patent documents available at INAPI is a valuable tool to learn about the latest technologies. Avoid being involved unnecessarily on inventions that are already known or were made in other parts of the world and use the patent databases to evaluate the possibility of technology transfer to a present or future undertaking.
They are arranged in a single classification system, the International Patent Classification (IPC), which allows identifying patents for each specific field of technology. This mechanism facilitates the search for information through computer systems to access and retrieve patent documents more efficiently and reasonably safe if covered by other search parameters.