Patent enables to its right holder the exclusive right of using the protected invention on the territory of the country that granted it. That means that the patent granted by the Intellectual Property Office produces effect only on the territory of the Republic of Serbia.
The patent holder has the right to prevent others to use the protected invention for the commercial purposes, such as production, offering for sale, marketing, import, storage and other activities.
Patent can be transferred to another person by the contract on the transfer of rights or it can be assigned for use by the license agreement. The license can be exclusive or non-exclusive. The patent can be subject of securing a claim by concluding the agreement on the pledge. Pledge is constituted by the entry into the Patent Register held by the Intellectual Property Office.
Patent gives to its holder the social affirmation for creative work. By commercial use of the protected invention, the holder of patent gets possibility to realize the commercial profit. Patents are the sources of important technical information and the inspiration to future generations of researchers and inventors.
After the examination procedure, patent is granted for the invention, which:
- is novel – identical solution has not been available to the public before the filing date of the application for the protection of an invention;
- has an inventive level – the invention is not obvious in comparison to the known solutions in the suitable state of the art;
- is industrially applicable – invention can be produced or utilized in any kind of industry, including agriculture.