LAW OF PROPERTY – Intellectual Property

Question 

Outline four advantages of registering an “invention” in the context of intellectual property.

 

Answer

Advantages of registering an invention:-

  • To protect one’s invention from piracy.
  • To reward the creative effort of the inventor.
  • Acts as an incentive to innovation and increased economic activity.
  • Acts as a means of informing other players in the industry about the latest technical advances.
  • Recognition of the inventor
  • Creation of secondary rights
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