A Patent Is Good for 20 Years From

question 28

Multiple Choice

A patent is good for 20 years from:

• A) the date granted
• B) the date the invention reaches the market
• C) the date the inventor began work on the invention
• D) the date the inventor began the patent filing process
• E) none of the other choices are correct

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Definitions:

Knowledge Management

The processes using intellectual capital for competitive advantage.

Intellectual Assets

Intangible resources and knowledge that a company possesses, which can include patents, trademarks, business methodologies, and other forms of intellectual property that provide a competitive advantage.

Strategic Force

Denotes a military or organizational capability designed and utilized to achieve strategic objectives, often involving long-range or significant impact operations.

Decision-Making Process

A systematic approach to making choices among possible options to achieve a desired outcome.