What is a patent?

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How does a patent translate to money for the inventor, and how is it normally enforced? Let’s say that you invent the McCormick Reaper. Ok, so you get the basic design down. What happens when someone makes an iterative improvement? What then? Do you simply get a cut of every copy of the mechanised reaper bought and sold that is your version?

Do patents apply only for commercial usage?

In: Technology

7 Answers

Anonymous 0 Comments

To simplify even further, a lawyer once told me that a patent is a license to sue.

Specifically, to sue someone for using the idea that Pat and offers you protection for.

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