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The first financial patent was granted on March 19, 1799, to Jacob Perkins of Massachusetts for an invention for "Detecting Counterfeit Notes". All details of Perkins' invention, which presumably was a device or process in the printing art, were lost in the great Patent Office fire of 1836. Its existence is only known from other sources.
The website of the United States Patent and Trademark Office states that "the text and drawings of a patent are typically not subject to copyright restrictions," [5] and similar views have been published by patent attorneys. [6] As one unpublished academic working paper on the topic of copyright application to patents notes, however, there is ...
The court noted that the statute explicitly defines a method patent to cover only the entirety of the method, and doesn't confer any rights in the individual steps that make up the method. [7] The European Patent Convention does not mention method patents (called process patents) so prominently, and the same applies to the TRIPS Agreement.
A covered business method (CBM) patent is defined in section 18 of the America Invents Act (AIA) as a patent that "claims a method or corresponding apparatus for performing data processing or other operations used in the practice, administration, or management of a financial product or service," but is not for a "technological" invention. [1]
Under United States law, a patent is a right granted to the inventor of a (1) process, machine, article of manufacture, or composition of matter, (2) that is new, useful, and non-obvious. A patent is the right to exclude others, for a limited time (usually, 20 years) from profiting from a patented technology without the consent of the patent ...
Patent Application Information Retrieval (PAIR) is an online service provided by the United States Patent and Trademark Office to allow users to see the prosecution histories of United States patents and patent applications and obtain copies of documents filed therein. There are two services: Public PAIR, which allows the general public to ...
Prior art (also known as state of the art [1] or background art [2]) is a concept in patent law used to determine the patentability of an invention, in particular whether an invention meets the novelty and the inventive step or non-obviousness criteria for patentability.
In October 2005, the United States Patent and Trademark Office (USPTO) issued interim guidelines [32] for patent examiners to determine if a given claimed invention meets the statutory requirements of being a useful process, manufacture, composition of matter or machine (35 U.S.C. § 101). These guidelines assert that a process, including a ...