Licensing a patent means granting written commercial permission to another business entity to manufacture, market or sell an invention. A patent gives an inventor all the legal rights over an…
A patent grant provides all the exclusive commercial rights for the invention. However, patent offices do not always grant it at the initial examination stage. The market is always open…
An employee might invent a revolutionary new product or process while employed. When this happens, a follow-up question inevitably arises: Does the employer or employee own the patent? The employer…
Introduction Research and development consume vast amounts of resources on behalf of inventors, entrepreneurs, and businesses. An accepted patent grants exclusive rights for 20 years. This prevents other companies from…
If you’ve invested time, money, and expertise into inventing something novel, you deserve more than mere protection—you deserve commercial value. Licensing or selling your patent is one powerful way to…
