Subject to the provisions of paragraphs 2 and 3, patents shall be available for any inventions,whether products or processes, in all fields of technology, provided that they are new, involve an inventivestep and are capable of industrial application.5 Subject to paragraph 4 of Article 65, paragraph 8 ofArticle 70 and paragraph 3 of this Article, patents shall be available and patent rights enjoyable withoutdiscrimination as to the place of invention, the field of technology and whether products are importedor locally produced

Fill in the Blank QuestionFill in the blank question. and development leads to most patentable inventions and products.

The statement "invention synthesizes new and existing knowledge into novel ideas" highlights the importance of inventions in:*1 pointDisrupting existing markets and creating entirely new onesImplementing practical applications and achieving widespread adoptionLaying the groundwork for further development and transformation into innovationsFocusing solely on the originality and novelty of the invention itself

I. Buying patents from other companies is a method to acquire new products.II. New to the world items are similar to improving existing products.Group of answer choicesBoth statements are TrueStatement I is True; Statement II is FalseStatement I is False, Statement II is TrueBoth Statements are False

Patent granted for an article of manufacture is called a: Product patent Process patent Composition of matter patent All of the above

A _____ grants the inventor of a new product or process exclusive rights for a defined period of time to the manufacture, use, or sale of that invention. A. copyright B. trademark C. contract D. patent