The scenario of patent grants in global perspective

Patents have strengthened innovations in the field of business and have helped identify new uses for products. With the help of patent, a firm can capture international advantages and investments. Foreign investors have recognized that the market is sufficiently good for innovative products, and have ample opportunities for patents. The international inventors who file to acquire patents in different fields enhance the economic growth of the country and create employment opportunities. The patent shall, on request made by the applicant in the prescribed form, be granted to the applicant or in the case of a joint application, to the applicant jointly, and the controller shall cause the patent to be sealed with the seal of the patent office and the date on which the patent is sealed hall be entered in the register. This article draws the attention of patent granted by the countries around the world for the past five years.