Patent Protection for a Solution Concepts or Inventions

United States Patent is basically a "grant of rights" for a constrained period. In layman's terms, it is a contract in which the United States government expressly permits an personal or business to monopolize a distinct concept for a limited time.

Typically, our government frowns upon any type of monopolization in commerce, due to new invention ideas the belief that monopolization hinders free of charge trade and competitors, degrading our economy. A good illustration is the forced break-up of Bell Phone some many years ago into the many regional cellphone firms. The government, in par...