Top Secret Science in Transportation

Top Secret Science in Transportation — page 5
PROTECTING SECRETS Companies need to protect their new money-making inventions from being copied by others Patents are licenses that give owners the sole right to make and profit from their inventions for a set period of time Patents are important because they prevent original ideas from being used by someone else while an invention is being perfected which can take a long time PROBLEMS WITH PATENTS A problem with patents is that they often contain technical information about an invention so once a patent is approved by the U S Patent and Trademark Office USPTO it becomes public knowledge New inventions can be worth billions of dollars because companies need new technology to stay ahead of their rivals Sometimes companies decide that keeping the details of an invention secret is a better choice so they decide not to patent their invention 8