
Video transcript
Andrew Shaughnessy (00:05): Patents. They offer
a period of exclusivity for 20 years in exchange for what our
courts like to call the quid pro quo of disclosing something new,
useful and inventive to the public. A strong patent system is said
to incentivize innovation, yet, as Alex and I know all too well,
patents are often invalidated. Which begs the question in every
case: Is my patent any good?
I'm Andy Shaughnessy, and I'm here with Alex Peterson to
answer this question.
Alexandra Peterson (00:34): So, there are
certain criteria that an invention has to have to become
patentable. We can think of these as sort of the three pillars of
patentability. So first of all, your invention has to be for
something new, it must be novel. Second, it must have utility, it
has to be useful for something. And lastly, it can't be for
something obvious, it has to be inventive.