Grant granted by the government through the IPO of the PH
Exclusive right1 granted for a product, process, or an improvement of a product or process which is new, inventive, and useful. Has a protection of 20 years (providing significant commercial gain) o In return, owner must share the full description of the invention to the public in the form of the intellectual property official gazette Elements: 1. Invention is new 2. Involves an inventive step 3. Capable of industrial application 4. Invention is technical solution of a problem in any field of human activity 5. Grant of patent is not excluded by the other provisions of the patent law General types of Patents: 1. Utility patent new useful process, machine, or composition of matter or any new and useful improvement 2. Design patent protects ornamental design of an article of manufacture. Only the appearance of the invention, not its structure or utilitarian features 3. Plant patent granted on any distinct and new variety of plant
1 Gives the inventor the right to exclude others from making, using, or selling the product of his invention during the life of the patent