Business, Legal & Accounting Glossary
In patent law, a procedure to resolve a conflict that occurs when two or more patent applications have been filed on the same invention. When this happens in the US, the U.S. Patent and Trademark Office (PTO) examines a number of factors in order to determine who gets the patent, including who first conceived of the invention and worked on it diligently, who first built and tested the invention and who was first to file a patent application.
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This glossary post was last updated: 22nd April, 2020 | 4 Views.