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Oriti Patents

About this app

The invention is an idea, a device or a product that leads to technological progress. The term invention derives from the Latin inventio which means finding.

In the legal field, we mean a new and original solution to a technical problem that can therefore be protected by a patent. It may concern a product or a process (method, procedure).

According to what Austrian economist Joseph Schumpeter said, innovation is the application dimension of a discovery or the commercialization of an invention. The moment the invention becomes an integral part of economic activity, that is, when it begins to have economic consequences, it becomes an innovation. To transform an invention into innovation, a person and / or a company must combine knowledge, skills, abilities and information about the market, sufficient financial resources, etc.

One of the greatest industrialists and entrepreneurs of the twentieth century, Henry Ford, condensed this concept into his most famous slogan in which he declares that "there is real innovation only when a technology is accessible to everyone".