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| | Patent - Facts, Information, and Encyclopedia Reference article |
 | | A patent is a set of exclusive rights granted by a state to a person for a fixed period of time in exchange for the regulated, public disclosure of certain details of a device, method, process or substance (known as an invention) which is new, inventive and useful. |
 | | Most fundamentally, granting a patent confers a monopoly of sorts upon an owner, because he may legally exclude competitors from using or exploiting the invention (though strictly speaking, the word "monopoly" requires that there is no viable alternative in the marketplace). |
 | | Typically, an application for a patent is prepared by a professional agent known as a patent attorney or patent agent, who files the application with a patent office. |
| www.startsurfing.com /encyclopedia/p/a/t/Patent.html (5042 words) |
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