Who has an exclusive license?

The patent exclusive license is authorized by the patentee, which only authorizes others to exploit their own patents and may not be authorized to a third party. An exclusive license contract for patent exploitation means that the transferee enjoys the right to use the patented technology agreed in the contract within the prescribed scope, and neither the transferor nor any third party may have the right to use the patented technology within the prescribed scope at the same time. According to this contract, the patentee allows the licensee to enjoy the exclusive right to use his patent within a certain period of time and within a certain geographical scope, and the licensee pays the royalties to the patentee according to the agreed amount. This kind of contract requires the patentee not only not to license the third party to use the patent, but also not to use it for himself within the specified time and geographical scope. Patent Law Article 1 This Law is formulated for the purpose of protecting the legitimate rights and interests of patentees, encouraging inventions and creations, promoting the application of inventions and creations, enhancing innovation ability, and promoting scientific and technological progress and economic and social development.