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D-patent Dictionary

Patent

The sole right to use a new, non-obvious invention for twenty years, in return for publishing how it works

All termsIntroduced in Module 8Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
The sole right to use a new, non-obvious invention for twenty years, in return for publishing how it works
How to use it
File before you show, sell or publish the invention, or it is no longer new.
South African benchmark
Patents are registered with the Companies and Intellectual Property Commission.
Country notes
Each local market has its own patent office; regional filing is available through ARIPO for its member states.
Go and read
C8 Lesson 8.8
Calculate it
Weigh filing cost against keeping the method secret.
Library sources
LIB-A117
See also
Trade secret, Trademark
Value-add steps from raw crop to packed product with rising valueValue-add: each step multiplies what the crop is worthx 1.0Raw cropx 1.3Cleaned and gradedx 2.0Processedx 3.0Packed and brandedIllustrative multipliers: each step also adds cost, skills and equipment.
From Module 8, Value Add, Processing and IP, where this term is introduced.

Introduced in C8 Value Add, Processing and IP.