Chapter 300

Question 1

What is patent ownership?

Answer 1

It gives the patent owner the right to exclude others from making, using, selling or importing into the US the invention claimed in the patent

Initially ownership will be vested in the named inventors of the patent, but it can be assigned or licensed by the others at any time

Question 2

What is an assignment/ assignee?

Answer 2

The transfer to another of a party’s entire ownership interest in a patent

Question 3

What is Licensing?

Answer 3

To transfer a bundle of rights, but less than the entire ownership interest

Question 4

What is a Patent License?

Answer 4

A contractual agreement that the patent owner will not sue the licensee for patent infringement if the licensee makes, uses, sells, or imports the claimed invention, as long as the licensee fulfills his obligations and operates within the bounds specified in the agreement

Question 5

What are the 2 ways to make assignments be made of record in the Patent Office?

Answer 5

Assignment can be recorded in the assignment records in the Patent Office

Assignment can be made of record in the file of patent application, patent, or other patent proceeding

Question 6

What should be done for a patent has to be issued to an assignee?

Answer 6

A request for issuance of the application in the name of the assignee must be filed with the Patent Office BEFORE the issue fee is paid

If a request for issuance to an assignee is submitted after the day of paying issue fee, a request must include a request for a certificate of correction and a processing fee