A patent is essentially a limited monopoly whereby the patent holder is granted the exclusive right to make, use, and sell the patented innovation for a limited period of time. The five primary requirements for patentability are: (1) patentable subject matter, (2) utility, (3) novelty, (4) nonobviousness, and (5) enablement. The Patent Law Treaty (PLT) aims at harmonizing national patent formalities throughout the world. It is designed to streamline and harmonize formal requirements set by national or regional Patent Offices with respect to the filing of national or regional patent applications and the maintenance of patents and certain additional requirements related to patents or patent applications, for example, communications, representation or recordation of changes concerning patents and patent applications. According to an impact assessment, the implementation of the PLT was considered to have positive impacts on users, particularly in terms of simplification of procedures.
Online Journals are scholarly and peer reviewed journals. The journals provide forum and motivates scientists, researchers, academics, engineers, and practitioners in all aspects to share their professional and academic knowledge in the fields computing, engineering, humanities, economics, social sciences, management, medical science, and related disciplines. Online Journals also aims to reach a large number of readers worldwide with original and current research work completed on the vital issues of the above important disciplines. The journals permit all readers to read, view, download and print the full-text of all published articles without any subscription or restrictions.
Last date updated on June, 2014