What Are the 4 Types of Patents? Inventions come in four types of patents, based upon the type of invention. A patent, for instance, for the invention of a new method, device manufacturing process or even a matter can be described as the utility patent. Patents granted for inventions are exclusive. They must be disclosed by the inventor in the technical aspects regarding the innovation in the patent. Utility patents have 20 years of life and requires a monthly fee during that time.
IP protection is crucial for businesses. Trade secrets, for instance are extremely essential to a business. Because they aren't generally recognized, they need to be protected to keep their value. Different kinds of IP are protected at various levels of security. Certain crimes are considered criminal however, others aren't. A lawyer for intellectual property will be able to guide you on how you can best safeguard your trade secrets as well as your company.