What is a patent?

A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. In principle, the patent owner has the exclusive right to prevent others from commercially exploiting the patented invention.
Patents are territorial rights. In general, the exclusive rights are only applicable in the country or region in which a patent has been filed and granted, in accordance with the law of that country or region. The protection is granted for a limited period, generally 20 years from the filing date of the application. For patents covering pharmaceutical products, some countries offer patent term extension extending the patent term by up to five years.

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Why and when you should patent your innovation

More useful information:
Patent, varumärke, design och copyright: www.prv.se
Patent, varumärke, design och copyright: www.wipo.int
Patent: www.epo.org
Varumärke, design: www.uipo.europa.eu
Patent och varumärke: www.uspto.gov