Answer :
High provisions of patent systems provide incentives for innovation.
What is a patent?
In return for publishing an enabling disclosure of the invention, a patent is a sort of intellectual property that grants its owner the ability to legally bar others from creating, utilizing, or selling an invention for a set amount of time. Patent rights are typically governed by private law, and the only way for the patent holder to have their rights upheld is by bringing legal action against anyone who violates the patent. Patents play no role in other businesses, where they are a crucial source of competitive advantage.
National laws and international treaties have a significant impact on how patents are granted, what the patentee must do to maintain the patent, and how much exclusivity is granted. The claims of a patent, each of which defines a distinct property right, may be numerous.
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