Should Inventions Be Patented?
In an increasingly knowledge‐driven economy, the individual or the business will invariably need creative or inventive ideas or concepts to improve an existing feature, add a useful new feature to your product or develop a new product. The market demands more creative ideas that can make life much easier. The business must develop such an idea or concept that solves a technical problem in an unexpectedly new or better way.
To get a patent, technical information about the invention must be disclosed to the public in a patent application. The patent in its form gives the right to the inventor to commercially exploit the invention to fetch the investment being incurred upon the R&D. This right also provides the owner an exclusive right to prevent others or stop others from commercially exploiting the patented invention.
Source: Global Patent Filing