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Business method patent: A patent on a method of doing business: for instance, a method of trading commodities could be patented. Many countries do not allow business method patents, and they have been controversial and subject to legal challenges in the United States - see Bilski v. Kappos. [e]
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Parent topics
- Intellectual property [r]: Add brief definition or description
- Patent [r]: Grant made by a government that confers upon the creator of an invention the sole right to make, use, and sell that invention for a set period of time. [e]