patent system English

Meaning patent system meaning

What does patent system mean?

patent system

— noun a legal system for protecting the rights of inventors

Examples patent system examples

How do I use patent system in a sentence?

News and current affairs

The patent system may even have adverse effects on innovation, because, while the most important input into any research is prior ideas, the patent system encourages secrecy.

That is because we have created a patent system that gives innovators a temporary monopoly over what they create, which encourages them to hoard their knowledge, lest they help a competitor.