What Criteria are Considered for Granting Extensions?
Several factors are considered when granting a patent extension in the field of catalysis:
1. Regulatory Delays: If the commercialization of the catalyst has been delayed due to lengthy regulatory approvals, a patent extension may be justified. 2. Research and Development Time: The time taken for the research and development phase is crucial. Extended periods may warrant a longer patent term. 3. Economic Impact: The potential economic benefits of the catalytic invention, including its impact on various industries, can also influence the decision.
