A protection right which can be reviewed or renewed after seven years is known as?

The protection right which can be reviewed or renewed after seven years is known as a patent. A patent gives the inventor exclusive rights to prevent others from making, using, or selling an invention for a certain period of time, which is usually 20 years from the date of filing. After seven years, the patent can be reviewed or renewed if the owner wishes to extend their exclusive rights. This allows inventors to have time to profit from their inventions and encourages innovation.