Innovation Management
The Patent Cooperation Treaty (PCT) is an international treaty that provides a unified procedure for filing patent applications in multiple countries simultaneously. This treaty simplifies the process for inventors and businesses by allowing them to file one application, which can then be used as a basis to seek patent protection in any of the 153 contracting states. By streamlining the patent application process, the PCT enhances global collaboration and innovation, making it easier for inventors to protect their intellectual property across borders.
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