The Benefits of Patenting for a research institution have to be understood in the order of invigorating further research and partnership.
- A patent granted is a right to exclude other from a market. It is not a right to commercialize.
- Limits of patents are territorial patent protection, limited duration, limited scope of protection, legal status.
- This exclusive right will last for up to 20 years from the filing date provided that all maintenance and renewal fees are paid.
For a Research Center a patent is more than just a mean of protecting an invention. It is an instrument to generate licenses, research partnerships with industry, investment and funding.
Patent Right allows also to sue other that infringe this exclusive right according to what the patent claims.