What is patent transfer and license?

Patent transfer means that the patentee transfers all his patent rights to the assignee. What is the transfer of patent right and the licensing of patent use means that the licensor (i.e. the patentee) allows the licensee to use its patent right within a certain period and scope. The transfer and license of patent right must be confirmed in writing. The establishment of a patent transfer contract must be registered and announced by the China National Intellectual Property Administration Patent Office before it can take effect. The transfer of the patent right of a unit owned by the whole people must be approved by the higher authorities. Units and individuals in China who transfer patent rights to foreigners must obtain the approval of the relevant competent authorities in the State Council. Patent licensing, also known as patent authorization, usually appears in the form of written contracts, which are called patent licensing and patent authorization contracts. The conclusion and performance of this contract is also called licensing trade. It has the following characteristics: (1) The effective existence of patent license is the premise; (2) Patent licensing is a transaction with the content of transferring the right to use a patent; (3) The patent license is limited by the duration of the patent right; (4) The licensed use of patent is restricted by the regional nature of patent right; (5) Patent licensing is restricted by trade strategy, performance ability and sales organization; (6) Patent licensing is restricted in trading partners, examination and approval procedures and legal adjustment.