A patent is an exclusive right conferred upon an invention, enabling the patent holder to prevent others from manufacturing, utilizing, or selling the invention for a specified duration. This legal protection is crucial for startups as it safeguards their innovative ideas and technological advancements, providing a competitive edge in the market. By securing a patent, startups can attract investors by demonstrating the uniqueness and potential profitability of their inventions. Additionally, patents can serve as valuable assets that may be licensed or sold, generating revenue streams and fostering growth opportunities. To qualify for a patent, an invention must meet the criteria of novelty, non-obviousness, and utility.