Low-Cost Inventions and Patents

Abstract

Inventions have been the technological advances of mankind. There are inventions of all kinds, some of which have lasted hundreds of years or even longer, preserving their essence. For example, the pipe as a means of transporting water, concrete to attach stones in construction, or the pulley to lift heavy objects; all of these are attributed to Roman times, and are still relevant today. Low-cost technologies are expected to be easy to build, have little or no energy consumption, and be easy to maintain and operate. The use of sustainable technologies is essential in order to move towards greater global coverage of technology, and therefore to improve human quality of life. Low-cost products always respond to a specific need, even if no in-depth analysis of the situation or possible solutions have been carried out. It is a consensus in all industrialized countries that patents have a decisive influence on the organization of the economy, as they are a key element in promoting technological innovation. Patents must aim to promote the technological development of countries, starting from their industrial situation.