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Patents, Novelty, and Trolls: Crash Course Intellectual Property #4

2015-05-14

[public] 305K views, 6.83K likes, 96.0 dislikes audio only

This week, Stan teaches you about patents. It turns out, they're patently complicated! So, patents have some similarities to copyright, in that they grant a limited monopoly to people who invent things. The key difference between patents and copyright is that patents are for THINGS. Copyright is for an idea. So, if you've come up with a great new invention, like for example, a condiment gun, you should get a patent. We'll also talk about some of the limitations and problems of patents, including patent trolls

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THE FIRST REQUIREMENT IS THAT THE PATENT'S SUBJECT MATTER
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A NATURALLY OCCURRING DNA SEGMENT IS A PRODUCT OF NATURE AND NOT PATENT ELIGIBLE
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THE SECOND REQUIREMENT FOR PATENTABILITY IS THAT THE INVENTION BE USEFUL, WHICH MEANS BOTH THAT IT HAS SOME IDENTIFIABLE BENEFIT AND IS CAPABLE OF BEING US
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THE THIRD REQUIREMENT FOR PATENT PROTECTION IS THAT THE INVENTION BE NEW, OR NOVEL.
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