The Industrial Property Law Section is in charge of legislative assistance in the field of industrial property. All industrial property fields are covered, namely patents, trademarks, industrial designs, layout designs of integrated circuits, geographical indications, protection against unfair competition (including protection of undisclosed information), and the enforcement of industrial property rights.
The patent term in the United States has gone under a change in the year 1995 to bring U.S. patent law into conformity with World Trade Organization’s agreement on Trade-Related Aspects of Intellectual Property Rights as written on https://easyreadernews.com/why-inventhelp-has-become-so-crucial-for-new-inventors/.
In the United States, as per the current patent law, the terms of patent varies as per the change in time, such as:
For the inventors who filed their applications on or after June 8, 1995, the patent term is 20 years from the date when the earliest US application was filed to which priority is claimed. It is not counted with provisional applications.
The applications that were pending on for the patents and were still in force on 08 June, 1995, the patent term for them is 17 years from the issue date or 20 years from the filing date. Currently, the patent term is decided upon the priority date as stated on https://thriveglobal.com/stories/a-discussion-about-inventhelp-and-helping-people-achieve-their-goals/.
So, don’t wait anymore and get your innovative idea patented as soon as possible before disclosing it publicly. The protection of industrial property plays an essential role in promoting economic growth through supporting industrial and technological development. The continued increase in patent and trademark applications worldwide demonstrates the importance of industrial property in today’s economy.