The patent system is of 400 years old. A patent is a form of
intellectual property rights granted by the government that confers upon the
patentee the sole right to make, use, and sell his invention for a certain
period of time. The earliest form of patents existed in 500 BC in Sybaris,
Greece were monopolies were granted to new dishes for a year period. The first
time a patent was granted was for a method of transporting marble more
cheaply through a paddleboat way back in 1421. Later on a patent was granted to
John of Utynam for
his contribution to stained glass. It is believed that the first system of
granting patent to invention started in Italy. The word patent is derived from
the Latin word 'litterae patentes’. The patent system of every country is
formulated in such a way so as to benefit the public. In United States the
Congress passed several patent acts one in 1790, 1793 as well as in 1836. Thomas
Jefferson was greatly influenced the 1790 US Patent Act. The United States Patent
Act was officially announced in 1836. The US introduced the examination process
which was very different from the UK registration process. The history of Indianpatent system can be traced to nineteenth century AD where the first patent was
granted to a pankha. The most number of patent is owned by a Japanese inventor Shunpei Yamazaki aged 65
mostly in the filed of LCD ‘s memory chips. He holds 1811 US Patents.
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