A patent is a legal document granted by the government that gives an inventor the exclusive right to make, use, sell, or license an invention for a certain number of years. Patents are crucial in protecting innovative IT products and processes, ensuring that inventors can benefit from their creations without unauthorized copying or use by others. A software license does not grant protection to innovators but allows users to utilize the software. Trademarks protect brand names and logos, not inventions. Copyrights protect the expression of ideas, not the functional aspect of inventions.
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