Intellectual Property

1 ) What is a Patent?
A patent is a legal right which when granted gives the patentee a monopoly to make, use or sell the invention within a jurisdiction for a fixed period of time. The patent is granted in return for full disclosure of the details of the invention.

2) How long does the protection last?
In the UK the rights stand for 20 years during which time the patent is maintained by payment of renewal fees.

3) Does a UK Patent confer worldwide protection?
No, applications must be made in each country. There are some international treaties which simplify the procedure such as the European Patent Convention and the Patent Co-Operation treaty.

4) How much does it cost?
Within the UK there is no longer an initial fee for applying for a British patent. There are normally fees incurred in obtaining the grant of a patent of £200 or more. Patent agents generally charge £1,000 or more for straightforward applications. In other jurisdictions then add in the cost of translation.

 


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