Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is there a duty or obligation of exploitation of the patented invention?

0
Posted

Is there a duty or obligation of exploitation of the patented invention?

0

Award of a patent includes the obligation of exploiting it in a permanent and stable manner during a 3 year term, as of the date the concession is granted, or 4 years as of the date of the application, whichever is the longest, but under no circumstance the exploitation can be interrupted for more than 1 year. Therefore, the owner of a patent must, through an affidavit granted before a Notary public, communicate to the Industrial Property Registry in detail the date on which the exploitation begins.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123