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Bangladeshis in the growing economy situation; Intellectual Property (IP) has become a significant factor in productivity and economic growth. Strong and effective IP protection is a particularly powerful incentive for firms to invest in generating new technology in sectors where the returns to technological investment are very long term, involve high risks and are easy to copy. From a domestic perspective, intellectual property law in Bangladesh is administered by two offices under two ministries: The Department of Patents, Designs, and Trademarks (DPDT) under the Ministry of Industries (MOI) and the Copyright Office under the Ministry of Cultural Affairs (MOCA).
A patent is an exclusive right to make, use, or sell an invention or process for a set period of time by a government authority. The Patents and Designs Act, 1911 and the Patent and Design Rules, 1933, set the terms for all patent and design rights in Bangladesh. These laws allow for a maximum patent term of 16 years, after which time the invention or process becomes part of the public domain and competitors may freely reproduce, redesign, and market the invention without the original patent holder’s consent.
There are two types of application for patent registration.