Patent licensing (also known as patent licensing trade): the owner of patented technology or his authorized person permits others to exploit the patent he owns in a certain period of time, in a certain area and in an agreed way, and collects royalties from others.
Patent license can be divided into manufacturing license, use license and sales license, which can promote the transformation, application and popularization of patented technological achievements.
The registration system of the patent licensing contract is to apply to China National Intellectual Property Administration for approval, and the time limit is within 3 months from the date of signing the contract.