The right granted by the federal government to an inventor for the exclusive use of the invention for a period of 17 years is called a

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A patent is the right granted by the federal government to an inventor, giving them the exclusive right to make, use, sell, and import the invention for a limited time, traditionally 20 years from the filing date of the patent application (the term was 17 years for patents filed before June 8, 1995). This legal protection helps to encourage innovation by providing inventors with a period of time during which they can potentially recoup their investment and profit from their inventions without competition.

The Right Granted by the Federal Government to an Inventor