Patents generally expire after a given period - usually 20 years. Patentable subject matter: Different countries have different criteria for what can and cannot be patented.Non-obvious: Your invention must have a component of innovation and can’t be the obvious next step in the development of an existing technology.Useful: Your invention provides a clear and reasonably accessible benefit to the user.Novel: No technology like it has yet been produced.To qualify for a patent in the United States, you need to apply to the Patent Office and demonstrate that your invention is: The 4 Types of Intellectual PropertyĪ patent is the exclusive right to produce, use, and sell an invention. Let’s take a look at these types and how they apply to software IP. Intellectual property law recognizes 4 types of intellectual property that can be protected. Intellectual property is a type of intangible property created by the mind, such as inventions, works of art and literature, designs, names, or images. Any unauthorized use of it by someone else is illegal. Software IP belongs to the company that either created or purchased the rights to that code or software. Software intellectual property, also known as software IP, is a computer code or program that is protected by law against copying, theft, or other use that is not permitted by the owner.
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