Patents play a crucial role in promoting innovation by granting inventors exclusive rights to their inventions for a limited time. This exclusivity encourages investment in research and development, particularly in the MENA region, where innovation is key to economic growth.
By securing a patent, inventors can prevent others from making, using, or selling their inventions without permission. This protection incentivizes inventors to share their ideas, contributing to technological advancement and economic development.
“Innovation is the ability to see change as an opportunity.” – Anonymous
Understanding the patent process is essential for inventors looking to protect their innovations and capitalize on their ideas.