Legal analysis: Intellectual property, also known as "the ownership of knowledge", refers to "the exclusive right enjoyed by the obligee according to law on the achievements created by his intellectual labor and the marks and reputations in business activities", which is generally valid only for a limited time. Patent right, referred to as "patent" for short, is an intellectual property right that the inventor or his assignee enjoys the exclusive right to exploit a specific invention within a certain period of time according to law.
Legal basis: Article 2 of the Patent Law of People's Republic of China (PRC) Invention-creation as mentioned in this Law refers to inventions, utility models and designs. Invention refers to a new technical scheme proposed for a product, method or its improvement. Utility model refers to a new practical technical scheme for the shape, structure or combination of products.