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Q : Patent right is only granted to new invention?
No. Patent right will not only being granted to new invention, but it will also be granted to the new process or improvement done on the existing product. For example, the new planting technique or the new function of a chair can also be registered patent. However, certain rules and regulations for patent registration should be followed.
 
Q : What are the basic requirements to be fulfilled for patented an invention?
In order to get a patent, your idea has to meet four basic requirements:
Your idea must be subject matter that Congress has defined to be patentable.
  Machines, processes/methods, and compositions of matter are examples of
  patentable subject matter. Algorithms and laws of nature (e.g. E=mc2)
  are examples of subject matter that cannot be patented.
Your idea must be new.
Your idea must be useful.
Your idea must be non-obvious.
   
Q : What Rights does a Patent Owner have?
The patent owner may have the exclusive right over the invention he/she registered. He/she has the right to decide who may - or may not - use the patented invention for the period in which the invention is protected. The patent owner may give permission to, or license, other parties to use the invention on mutually agreed terms. The owner may also sell the right to the invention to someone else, who will then become the new owner of the patent.
 
Q : What are the differences between patent and trade secret?
A patent is a limited monopoly granted by the government to inventors in exchange for public disclosure of how to make and use their invention. However, trade secret is anything tangible or intangible or electronically kept or stored, which includes secret scientific, technical, merchandising, production or management information, design, process, procedure, formula, invention or improvement.

Patent only protect invention but trade secret protects anything which the owner do not want their competitors to have knowledge on it. The patent invention must be new, useful and not obvious to the expertise in the same or related industry but the trade secret must be kept secret from others.

The protection for patent will last mostly 20 years from the date of filing but trade secret protection is indefinitely, as long as others do not have knowledge of it.
 
 
 
 
 
 
 
Patent right is only granted to new invention?
What are the basic requirements to be fulfilled for patented an invention?
What right does patent owner have?
What are the differences between patent and trade secret?
 
 
 
 
 
 
 
 
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