A patent is a fixed-term exclusive right to manufacture and market a professionally invented product or to use an invented process. In order to be patentable, an invention must be new, inventive and industrially usable.
The patent is governed by the Patent Act (550/1967) and the Patent Decree (669/1980). A patent refers to the exclusive right granted on application to the inventor and / or the holder of the invention’s rights, for a specified period, to professionally manufacture and market the invented product or to apply the invented process. In order to be patentable, an invention must be new, inventive and industrially usable.
The patent application must describe the invention in such detail that others would be able to use the invention on the basis of the patent application. The patent application must also state clearly and unambiguously what is meant to be protected.
A patent granted in Finland may be maintained for 20 years from the date of filing of the patent application. However, filing a patent solely in Finland is not sufficient. An invention can only be protected in the countries and territories in which the patent is applied for. It is therefore necessary to identify the countries and regions with the most interesting market for the invention.
While it is important to protect an invention, patenting alone is not a viable proposition, but the invention must be commercialisable and commercially attractive in order to be put on the market. The key to patenting is that the invention has developed to such an extent that it is truly productisable and is not in such an early stage that it still requires considerable development before the invention can be productised.
For more information about patents, see the Patent and Registration Office’s website. See also the Patent Guide and the Patent Handbook.