What does the patent transferee mean?

Patent transferee refers to the party that purchases and accepts the patent right within the framework stipulated in the patent law. The transferee can be an individual, an enterprise, a non-profit organization, a government agency, etc. By purchasing or obtaining the patent right, the patent transferee obtains the business opportunities brought by the use of the patent and can obtain economic benefits from it. For the seller (patent licensor), the appearance of patent transferee provides a means of equity transformation, which is conducive to its final accounts and business development.

In today's increasingly fierce business competition, owning patents, trading patents or licensing patents has become a core strategy for many enterprises. In this case, the role of patent transferee becomes more and more important. Enterprises that know how to use patent trading to strengthen patent layout can purchase suitable patents according to market demand and enhance the company's market competitiveness. How to choose patents, how to trade patents and how to license patents has become an indispensable part of enterprise management.

Patent transferee is an indispensable part of patent transaction in the market economy environment. Internationally, the patent transferee has become the main participant in the patent market, which also makes the competition of patent transactions worldwide more intense. For the patent transferee, it must have the qualities and skills of deeply understanding the patent, mastering the patent law, having certain capital investment ability, clear market positioning and reasonable risk control strategy. Patent transferee plays a huge role in the benign operation of patent market.