Other Costs of Ipe Hardwood. Prior to installing a new deck, homeowners should look at both the cost of the deck itself and the cost of labor. Ipe hardwood decking pieces range in price from $3.50 to $5 per square foot, and the cost of labor will increase the total price to around $20 per square foot.
A patent, being an exclusionary right, does not necessarily give the patent owner the right to exploit the invention subject to the patent. For example, many inventions are improvements of prior inventions that may still be covered by someone else's patent.ypically, however, a granted patent application must include one or more claims that define the invention. A patent may include many claims, each of which defines a specific property right. These claims must meet relevant patentability requirements, such as novelty, usefulness, and non-obviousness.
A government license controls entry into particular occupations, professions, and industries. 13.1 MONOPOLY AND HOW IT ARISES Patent An exclusive right granted to the inventor of a product or service. Copyright An exclusive right granted to the author or composer of a literary, musical, dramatic, or artistic work.In the United States, a patent is valid for 20 years. legal monopoly is a market in which competition and entry are restricted by the concentration of ownership of a natural resource or by the granting of a public franchise, government license, patent, or copyright.A firm can create its own barrier to entry by buying up a significant portion of a natural resource.