The patent holder is given the right to control how their invention will need to be made, used, or sold in exchange for disclosing the details of their product to the public. The inventor will not only have exclusive rights to produce it, but they will also have the right to license the idea to other companies to allow them to produce the product under a licensing agreement. During this time period, the inventor will be protected from other persons or companies selling or producing their product. ![]() Patents are granted to inventors to give them exclusive rights to produce and sell their ideas for a certain duration of time. Disadvantages of Patents What Is a Patent? ![]() ![]() Advantages and Disadvantages of Patents 3.
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