Posts Tagged "foreign"

Licencing of Patent Applications – Pre-Grant Royalty Earning

Posted on Dec 7, 2015

Licencing of Patent Applications – Pre-Grant Royalty Earning

Research and development is costly. International patent portfolios even more so. The business strategy of most corporations, when filing a patent application, is to seek some return on R&D investment, mostly through self-exploitation of the products of R&D, or through royalty earnings from intellectual Property (IP). The time frame between filing a patent application to grant can take many years. Patent offices’ backlogs often result in a three year (or longer) delay before any office actions are issued or an application is reviewed. Legislation provides for the licensing of...

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