Can I buy a patent?

Patents can be bought. Article 10 of the Patent Law of People's Republic of China (PRC) stipulates that the patent right can be transferred, so the patent right can be transferred by buying and selling. However, the transfer of the patent shall be handled in accordance with the relevant laws and regulations on patent transfer. Both parties shall conclude a written contract and register it with the patent administration department of the State Council, and the patent administration department of the State Council shall make an announcement.

legal ground

Article 10 of the Patent Law of People's Republic of China (PRC) * * * The patent application right and patent right can be transferred. Where a unit or individual in China transfers the right to apply for a patent or the patent right to a foreigner, foreign enterprise or other foreign organization, it shall go through the formalities in accordance with the provisions of relevant laws and administrative regulations. Where the right to apply for a patent or the patent right is transferred, the parties concerned shall conclude a written contract and register it with the patent administration department of the State Council, which shall make an announcement. The transfer of the right to apply for a patent or the patent right shall take effect from the date of registration.