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The law in Australia provided for the grant of a utility model known, between 2001 and 2021 when it was phased out, as an innovation patent. [10] From 1979 to 2001, a similar regime existed under the name "petty patent".
A patent is a type of intellectual property that gives its owner the legal ... and utility models and Gebrauchsmuster are sometimes called petty patents or innovation ...
A type of patent in some countries used for inventions that have a short commercial life or that offers a comparatively small advance over existing technology. It often has a shorter term of protection, for example 8 years instead of 20 in Australia. See also utility model and petty patent.
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In United States patent law, utility is a patentability requirement. [1] As provided by 35 U.S.C. § 101, an invention is "useful" if it provides some identifiable benefit and is capable of use and "useless" otherwise. [2]
The Gebrauchsmuster is slightly different from the patent. It mainly differs from the patent in that processes and methods cannot be protected by a Gebrauchsmuster, only products can. Furthermore, the term of a Gebrauchsmuster, that is its maximum lifetime, is 10 years from the date of registration. In contrast, a patent has usually a term of ...
A petty patent is suitable for a new invention which would qualify for an invention patent except that it has no strong, technical innovative step. To be more specific, petty patents have been widely used among Thai companies, especially for manufacturing companies and inventors of less complicated inventions.
That includes pushing patients towards generic drugs, which often cost less than the branded options once the patents expire. "In the US, over 90% of prescriptions are now generic. Those lower ...