What does the right to patent products mean?

The right to receive patented products refers to the behavior of the obligee to buy, transfer, authorize or license its patented products from others. In the field of intellectual property rights, as a common business activity, the collection of patent products reflects the behavior of intellectual property rights holders to transfer all or part of their rights to others on the premise of protecting their own intellectual property rights. The purpose of patent product rights collection can be commercial operation, or it can be converted into cash in order to continuously obtain patent benefits.

The collection of patented products is of great significance to both intellectual property rights holders and obligees. For the obligee, the collection of patented products can help him quickly increase his patented assets, achieve business breakthroughs and maximize the value of property rights; For the licensee, the licensee can obtain the right to legally operate specific products or services, thus earning corresponding profits in the market.

Although the collection of patented products provides a broad space for the commercial operation of intellectual property rights, we still need to pay attention to relevant laws and regulations. Before taking over the right, the contractor must understand the patent status of the object of taking over the right, understand the significance and requirements of relevant laws and regulations on taking over the right, formulate relevant risk avoidance and protection measures, and strictly implement the agreements in accordance with the contract provisions to ensure that the act of taking over the right is legal and compliant.