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Patent is a monopoly granted by statute of a country for a limited term over a new and useful invention that involves inventive step. Invention may either for a product or process. The rights enjoyed by owner of the patent are proprietary in nature and the patentee or his agent or licensees has the exclusive right to use and have the benefits of patented invention and prevent unauthorized use, during the period of patent protection. Period during which the owner enjoys the benefits is called term of the patent. Registration is a prerequisite for patent protection and the protection granted is territorial in nature i.e., patent granted in a country will give the owner of the patent right only within that country. This page gives basic information about PSAR
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