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The German patent has a term of 20 years. After grant of a patent through the EPO or the Euro-PCT route a European patent is valid in Germany without further translation requirements if that country was indicated in the application. If unitary effect is requested upon grant of a European patent, that unitary patent also applies in Germany.
German inventions and discoveries are ideas, objects, processes or techniques invented, innovated or discovered, partially or entirely, by Germans. Often, things discovered for the first time are also called inventions and in many cases, there is no clear line between the two.
The survey was performed in 2003. 9000 patent owners responded. The patent owners were asked how much effort was required to produce their inventions and how much monetary value their patents had been worth. The median effort to create the patentable invention was 1 person-year, with 10% of the patent owners requiring 2 or more person-years.
Last year, it is said, 60 per cent of the record total of 10,000 patent registrations were German and the proportion has increased this year. Among those who registered were I.G. Farben, the Steyr-Daimler-Benz automobile manufacturers, the Siemens and A.E.G. Combines. The patents, of course, represent substantial assets." [11]
Patents were granted without examination since inventor's right was considered as a natural one. Patent costs were very high (from 500 to 1500 francs). Importation patents protected new devices coming from foreign countries. The patent law was revised in 1844 – patent cost was lowered and importation patents were abolished.
In an impact assessment from 2011, the European Commission estimated that the costs of obtaining a patent in all 27 EU countries would drop from over 32 000 euro (mainly due to translation costs) to 6 500 euro (for the combination of an EU, Spanish and Italian patent) due to introduction of the Unitary patent. Per capita costs of an EU patent ...
Patent family – patents for a single invention in multiple countries. Triadic patent – series of corresponding patents filed at the European Patent Office (EPO), the United States Patent and Trademark Office (USPTO) and the Japan Patent Office (JPO), for the same invention, by the same applicant or inventor. Triadic patents form a special ...
Valuation of patent rights is one of the main activities related to intellectual property management within an organization or company. Indeed, knowing the economic value and importance of the intellectual property rights assists in the strategic decisions to be taken on the company's assets, but also facilitates the commercialization and transactions concerning intellectual property rights.