17:18
theres the spirit!!
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Simple English definitions for legal terms
GM
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A quick definition of GM:
GM stands for Gebrauchsmuster, which is a type of patent registration system that gives patent-like rights in some countries. It is similar to a patent, but usually has a shorter term and requires little or no search. Utility-model patents are not available in the U.S. or Great Britain, but are offered in Japan and many European countries, including Germany and France. They are only available for machines and not for chemicals. Other names for GM include petty patent, second-tier patent, small invention, or Gebrauchsmuster in German.
A more thorough explanation:
GM
GM stands for Gebrauchsmuster, which is a type of patent registration system that provides patent-like rights in some countries. It is also known as a utility model. Unlike regular patents, utility models have a shorter term and require little or no search. They are only available for machines and not for chemicals.
Utility-model patents are available in many European countries, including Germany and France, as well as in Japan. For example, if a German inventor creates a new machine, they can apply for a Gebrauchsmuster to protect their invention. This will give them exclusive rights to use and sell the machine for a certain period of time, usually up to 10 years.
The definition explains that GM or Gebrauchsmuster is a type of patent registration system that provides patent-like rights for machines in some countries. The examples illustrate how this system works in Germany, where inventors can apply for a Gebrauchsmuster to protect their new machines. This gives them exclusive rights to use and sell the machine for up to 10 years. This helps to encourage innovation and protect inventors' rights.