What's the difference between patent licensing and patent transfer?

What's the difference between patent licensing and patent transfer? Patent transfer is a legal act that the patentee has the right to apply for a patent and assigns the right to apply for a patent and the patent to others. Patent licensing, also known as patent licensing trade, refers to that the owner of patented technology or his authorized person permits others to exploit the patents owned by him in a certain way within a certain period of time and in a certain area, and collects royalties from others. So what's the difference between patent licensing and patent transfer? What's the difference between patent licensing and patent transfer? 1. Patent transfer is the act that the patentee transfers (sells) all the patents he has obtained to others. In the transfer of patent right, the party transferring the patent right is the transferor; The party accepting the patent right is the transferee. Once the patent right is transferred, the transferor no longer has any rights to the patent; The assignee becomes the new owner of the patent and has the right to exercise all the rights of the patent. Difference two. Patent license means that the patentee allows others to use the patent in a certain way in a certain area and for a certain period of time. The patentee who gives the license is the licensor; The party accepting the license is the licensee.