Course Content
Essential Business Terminology and Legal Fundamentals
About Lesson


A patent is a form of intellectual property protection that grants exclusive rights to inventors for their inventions.

It provides legal protection against others making, using, selling, or importing the patented invention without permission. Patents encourage innovation by rewarding inventors and giving them a limited monopoly on their inventions.

How-to Guide for Obtaining a Patent:

Understand Patentable Subject Matter: Determine if your invention is eligible for a patent. In general, patents can be granted for new and useful processes, machines, compositions of matter, or improvements thereof.

Conduct a Patent Search: Before proceeding with a patent application, conduct a thorough search to ensure your invention is novel and does not infringe upon existing patents. This step helps you assess the uniqueness and potential patentability of your invention.

Document Your Invention: Carefully document your invention, including its conception, design, and functionality. Record all relevant details, such as diagrams, prototypes, experimental results, and any improvements made.

Consult a Patent Attorney: Seek the assistance of a qualified patent attorney or agent. They can provide guidance throughout the patent application process, conduct a comprehensive search, and help draft a strong patent application.

Prepare a Patent Application: Work with your patent attorney to prepare a detailed patent application. It should include a description of the invention, claims defining the scope of protection, and any necessary drawings or diagrams. The application must comply with the requirements set by the patent office.

File the Patent Application: Submit your patent application to the appropriate patent office, along with the required fees. This establishes your priority date, which is important for determining the novelty of your invention.

Patent Examination: The patent office will examine your application to assess the patentability of your invention. They will evaluate its novelty, non-obviousness, and utility. Respond promptly to any requests or objections from the patent examiner.

Patent Grant or Rejection: Based on the examination, the patent office will either grant the patent, providing you with exclusive rights to your invention, or reject the application if the invention fails to meet the patentability criteria. If rejected, you may have the opportunity to amend or appeal the decision.

Real-World Example:

An example of a patented invention is the iPhone by Apple Inc. Apple holds numerous patents related to the design, technology, and functionality of the iPhone. These patents protect their exclusive rights to the unique features, hardware, and software innovations incorporated into the device, giving Apple a competitive advantage in the smartphone market.


In conclusion, obtaining a patent is a crucial step in protecting and monetizing inventions. By following the steps outlined in this guide, including understanding patentable subject matter, conducting a search, documenting your invention, and working with a patent attorney, you can navigate the patent application process effectively.