ABSTRACT
Nanotechnology is a rapidly growing innovation, and widely used across the entire science field, such as in biology, physics, chemistry, material science, and engineering. For years, nanotechnology inventionshavebeen protected by the patent system which is important inprotecting the innovators, especially from any economic loss related to their invention. Patents may be granted based on utility for the public and future innovations, inventiveness, and importantly, novelty with non-obviousness. As more developments and patent filings fall under the purview of legalities on nanotechnology, more issues have come to light. Among them are limitations in current technology and knowledge, broad terminology, subjective interpretation, disputes on scaling, and exceptions in patenting nanotechnology innovations. The Intellectual Property Regulation Board faces some difficulties incatering to the needs of intellectual property protection for nanotechnology, due to some specific challenges pertaining to the nature of nanotechnology and the technicalities of the patent filing itself.
