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Utility and plant Patents are having life span of 20 years and design patents are having life span of 14 years from the date of the application. Thus, a patent is merely a contract or an agreement between an inventor and the federal government. The federal government awards the inventor the sole right to desist others from1 using the inventions for a set period of time in exchange for revelation of new technology to the public through the patent office.
One example of patentable subject matter is the pop-top opener on most beverage cans. This was first created by Ermal Fraze, who founded Dayton Reliable Tool & Mfg Co in 1949...
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