Letters Patent

Categories: Tech

"Experts" said time travel was impossible, but now, using a combination of quantum physics, PVC pipe, and paper clips, we’re pretty sure we’ve created something that can transport people to the future and back. But we don’t want anyone else using our invention for their own gains, which is why we’ve applied for a patent. If our patent is approved by the government, we’ll be granted what’s known as a “letters patent”: exclusive rights to our own invention for a period of time (usually about 20 years) that are open and accessible to the patent-interested public.

We should point out that the term “letters patent” is used more in the UK than it is in the United States. On this side of the pond, we usually call them design patents or utility patents, but the gist is the same: we invented or designed something cool and new, and now we have exclusive rights to do with it what we will.

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Finance: What is intellectual property?6 Views

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Finance Allah shmoop What is intellectual property Well here's really

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property Cows barn Verdell Isar Surgical facemasks But this wealthy

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Zehr blueprints for a state of the art brand new

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semi conductor Awesome device can store the entire video library

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of Netflix on your wrist Took a thousand people four

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years to build the blueprints and they're probably worth a

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half a billion dollars today Think of them as brain

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splatter the good kind of brain flat not the zombie

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eaten kind The best ideas splattered on paper and then

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filed with the U S and other patent offices around

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the world likely to be licensed in return for cash

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payments to a variety of computer device makers Overtime This

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paper it's intellectual property Or rather the ideas represented on

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it are I pee and they're sellable just like any

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other property Cars horses homes land planes remote controlled gardening

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Cheers Yeah whatever Intellectual property generally refers to anything that's

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not like touchable M C Hammer knows what we're talking

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about you and or more like It's just ideas or

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assets that only live as concepts The Disney brand intellectual

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property the Disney theme park Riel property The recipe for

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Coke intellectual property That bottle of Coke Safeway just sold

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you for three bucks Riel property the shmoop name and

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logo And this schmuck audio sounding thing Yeah intellectual property

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The shmoop t shirt on this cute kid riel property

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The kid Well not property There are laws against that 00:01:30.45 --> [endTime] sort of thing but she's cute anyway Hi

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