What are Patent and Utility Model?
An invention is defined as “a solution to any specific problem in industry, including agriculture”.
A patent is the right of the inventor to produce, use, sell or import the inventive product for a certain period of time. These rights are protected by patents or utility model certificates. Patent documents offer the right to prevent or allow unauthorized uses of the invention for certain periods of time.
The competent authority for patent and utility model registration in Turkey is the Turkish Patent and Trademark Office (TÜRKPATENT for short). The scope of protection is defined by the Industrial Property Law No. 6769.
Just as investments are secured and insured in some ways, your inventions should also be protected without ignoring their importance.
Advantages of registration?
Production can be made for an invention that may or may not be patented. However, a patented invention cannot be produced, sold, exported or imported by others without the permission of the inventor. There are criminal sanctions for activities carried out on a patented product without the permission of the applicant.
- Your inventions become official with the Patent Registration Certificate or Utility Model Registration Certificate.
- It prevents unfair profit attempts resulting from the unauthorized use of your inventions and enables the imposition of sanctions.
- Ensures that government grants and subsidies are utilized.
- With the rights obtained through registration, you prevent others from using your invention commercially, increase your competitiveness and ensure that your business is at the forefront of the market.
- It eliminates risks against your competitors in your commercial life.
- Return on investment – Significant amounts of time and money are invested in producing advanced products. Under the umbrella of exclusive rights provided by patent protection, you can turn your investment expenditures into profit.
- License and assignment agreements for the invention – If you do not want to produce your invention yourself, you can earn income by entering into a license or assignment agreement with another company.
- Image – A high number of patents will be perceived by your business partners and investors as an indication of your company’s high level of expertise and technological capacity and will increase your company’s market value.
- Accelerates institutionalization through R&D processes.