How to sell your own patents

Legal analysis: According to the provisions of China's patent law, the patentee needs to sign an assignment agreement and a patent assignment contract with the assignee to sell the invention patent. Invention patent is the most difficult patent to apply for in China. An invention patent can only be granted after preliminary examination and substantive examination, and the patentee of an invention patent can transfer the patent right.

Legal basis: 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.