Question
What is Utility Model? Discuss the benefits of the rights acquired under the Utility Model Protection.
Answer :
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A utility model is an intellectual property right to protect inventions. This right is available in a number of national statutes, as described below. It is very similar to the patent, but usually has a shorter term (often 6 to 15 years), shorter grant lag and less stringent patentability requirements Utility models can be described as second-class patents.
A utility model is an exclusive right granted for an invention, which allows the right holder to prevent others from commercially using the protected invention, without his authorization, for a limited period of time. In its basic definition, which may vary from one country to another,
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