Innovation and Invention Patents: The Path to Their Protection

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After many years of debate, the Executive Branch recently submitted to Parliament a bill through which it seeks to approve accession to the Patent Cooperation Treaty (PCT), signed in Washington on June 19, 1970 by more than 150 countries, and whose purpose is to promote the development of technological research through a simplified procedure, allowing the protection of the invention to be requested simultaneously in the different member jurisdictions of the Treaty.

Invention patents are a fundamental tool to protect the work of inventors, as an intangible asset for companies, which will allow their owner to enjoy the exclusive right to exploit said invention. However, this protection is obtained through a special administrative registration procedure before the competent authority of each country.

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