Patent Registration is the process of legally securing exclusive rights to an invention or innovation. This allows the inventor to prevent others from making, using, or selling the invention without permission. To obtain a patent, the inventor must submit a detailed application to a government authority, such as the United States Patent and Trademark Office (USPTO), which examines the application for originality and usefulness.
Once granted, a patent typically lasts for 20 years, providing the inventor with a competitive edge in the market. During this time, the inventor can license the patent to others or commercialize the invention, potentially leading to financial rewards and recognition in their field.