A U.S. Patent is a contract between the government and the inventor. The government grants to the inventor a limited monopoly, that is, the right to exclude all others from making, using, or selling the invention within the U.S. during the patent term. In exchange, the inventor gives the public a full and complete disclosure of the invention with a teaching of how the invention works. Once the term of the Patent expires, the invention enters the public domain and can be used by anyone. Another inventor may obtain a Patent on an improved version of your Invention. A Design Patent will protect the design for 14 years from the date that the Patent Issues. A Utility Patent will protect the invention for up to 20 years from the date that the Patent Application is filed. Depending upon the nature of your invention, A Design Patent or a Utility Patent may be preferred, or you may be entitled to both. If you do not file a Patent Application for your Invention, someone else may, and you may be barred from practicing your own Invention. I hope this helps and Good Luck with your Invention.
Answered on Jun 05th, 2015 at 11:56 AM