This article relates to the intellectual property right. A land grant is also called a patent.

A patent is a set of exclusive rights granted by a state to a person for a fixed period of time in exchange for the regulated, public disclosure of certain details of a device, method, process or composition of matter (substance) (known as an invention) which is new, inventive, and useful or industrially applicable.

The exclusive right granted to a patentee in most countries is the right to prevent others from making, using, selling, offering to sell or importing the claimed invention. The rights given to the patentee do not include the right to make, use, or sell the invention themselves. The patentee may have to comply with other laws and regulations to make use of the claimed invention. So, for example, a pharmaceutical company may obtain a patent on a new drug but will be unable to market the drug without regulatory approval, or an inventor may patent an improvement to a particular type of laser, but be unable to make or sell the new design without a license from the owner of an earlier broader patent covering lasers of that type.

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RT @macTweeter: Apple patents 3D interface for touchscreen devices http://bit.ly/8RkqYk #apple
AyeshaCorn (Ayesha Corn) Wed, 06 Jan 2010 14:38:21 -0000
RT @macTweeter: Apple patents 3D interface for touchscreen devices http://bit.ly/8RkqYk #apple
Help prevent software patents in EU Please give your support http://bit.ly/8GLf1H
PelleKlit (Pelle Christensen) Wed, 06 Jan 2010 14:33:09 -0000
Help prevent software patents in EU Please give your support http://bit.ly/8GLf1H
Expiring (drug) patents http://short.to/12ixx
purplehayz (purplehayz) Wed, 06 Jan 2010 14:32:05 -0000
Expiring (drug) patents http://short.to/12ixx
Agent Orange, Round-up, Seed Patents and 90% of Soy = plz Boycott Monsanto --> Monsanto Sales Drop 36% http://bit.ly/8dN9ec /via @WSJ
Foehammer (Foehammer) Wed, 06 Jan 2010 14:30:15 -0000
Agent Orange, Round-up, Seed Patents and 90% of Soy = plz Boycott Monsanto --> Monsanto Sales Drop 36% http://bit.ly/8dN9ec /via @WSJ
...just getting some more 'Round Up 09' stuff together... Patents are on the menu today (and there's a TON)
theGypsy (theGypsy) Wed, 06 Jan 2010 14:23:54 -0000
...just getting some more 'Round Up 09' stuff together... Patents are on the menu today (and there's a TON)
Response Biomedical Receives European Patent Notice of Allowance for Key ... - Business ... http://tinyurl.com/yeodu44 #patents #trademarks
rclaessen (rclaessen) Wed, 06 Jan 2010 14:20:12 -0000
Response Biomedical Receives European Patent Notice of Allowance for Key ... - Business ... http://tinyurl.com/yeodu44 #patents #trademarks

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