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Today's Terms
Declaration
Definition:
A document in which an applicant for patent declares, under penalty of fine or imprisonment, or both (18 USC 1001), that (1) he or she is the original or sole inventor.
Innovation
Definition:
Generation of new or improved products, processes, and services.
Patent
Definition:
A patent differs from intellectual property in so far, as patents copyright a person's invention of a product or discovery while intellectual property protects intellectual works and compositions.
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