Business Studies, asked by krishnanrnair3819, 7 months ago

Patent right are verified on the basis of

Answers

Answered by gurucharan75
0

Answer:

Current provisions of the Patent law of India are obstructive in nature for getting patent on Ayurvedic medicines. If we have to invite ...

Answered by bhatiamona
0

Patent rights are verified on the basis of ?

Patent rights are verified on the basis of invention, inventor's process, design and originality of the product.

Explanation :

The patent refers to the process in which an institution or an individual gets a monopoly or exclusive right to produce a product by the government of a country.

Under a patent, a person or entity acquires the exclusive right to produce a biological substance. In this way, no one other can produce that commodity.

If any other person or organization wants to produce it, then permission has to be taken from the person/entity having the monopoly concerned. Under Patent, many countries and their organizations get biopatent (bio-monopoly) of related organic goods.

It is a process of maintaining a monopoly on the production of an organic substance and its related product.

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