patent rights; patent
Legal term for the exclusive rights granted by a patent. Often used in business and legal contexts.
The company obtained the patent rights for the new technology.
They were sued for infringement of patent rights.
知的財産権 is the broader category of intellectual property rights, which includes patent rights (特許権), copyrights, trademarks, etc.
Compound of 特許 (tokkyo, 'patent') + 権 (ken, 'right'). The term is a direct translation of the Western legal concept of patent rights.