It is the hedging instrument most commonly used in the area of technological innovation. Its importance is critical, as the grant of exclusive right gives its holder the possibility of return on investment in the development of new products and industrial processes.

(in A caminho da inovação: proteção e negócios com bens de propriedade intelectual: guia para o empresário – Diana de Mello Jungmann, Esther Aquemi Bonetti. – Brasília: IEL, 2010).