Why are patents necessary?
By E.C.V. & Asociados
Patents are an incentive because they represent recognition of creativity and the possibility of receiving material reward for marketable inventions.
A patent-protected invention may not be made, used, distributed, or sold for commercial purposes without the consent of the patent holder.
In general, it is the responsibility of the courts to impose the necessary measures to enforce the rights conferred by patents and to penalize infringements in this regard.
Patents are territorial rights. In general, the exclusive rights are only applicable in the country or region in which a patent has been filed and granted, in accordance with the law of that country or region.
To have an adequate intellectual property rights (IPR) protection in Venezuela, creators and companies should consider several general principles for effective management of their intellectual property with E.C.V. & Asociados.