A product patent is a\nregime that protects a patent product. It provides the original creator with\nextensive protection to prevent competition for identical products. On the\nother hand, a process patent covers how a product is manufactured rather than\nthe product itself. It decreases the market’s monopolistic character. Because\nIndia is a signatory to the TRIPS Agreement, all members must change their\npatent regimes from process to product patents.<\/p>\n\n\n\n
Gist about patent process and patent product-\u00a0<\/strong>A patent product is issued to the product’s original creator, whereas a patent<\/strong><\/a> process is given to a specific procedure rather than the finished product.\u00a0<\/p>\n\n\n\n