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This article discusses how one may effect, use or monetize the patented invention. A patent is considered as a transferrable property that can be transferred from the original patentee to any other person by assignment or by operation of law. A patent can be licensed or assigned only by the owner of the patent.
With respect to an application naming more than one inventor, any reference to the inventor's oath or declaration in this chapter means the oaths, declarations, or substitute statements that have been collectively executed by or with respect to all of the joint inventors, unless otherwise clear from the context.
A patent can be licensed or assigned only by the owner of the patent. In case of co-owners or joint-owners, a co-owner can assign or license the patent only upon consent of the other owner(s).
The simple answer is "yes". The less simple answer is "yes - but the patent examiner may ask you to split them into separate patent applications later". When you file your patent application you have to pay the US Patent and Trademark Office (USPTO) a "filing fee", a "search fee" and an "examination fee".
A patent application and any resulting patent is owned by the inventor(s) of the claimed invention, unless a written assignment is made or the inventors are under an obligation to assign the invention, such as an employment contract.
To assign patent rights, each inventor must sign an Assignment Agreement, which can be a relatively simple two-page contract. The Assignment Agreement must assign all rights to any patents that are issued relating to the patent application.
The USPTO is an agency within the U.S. Department of Commerce in the executive branch of the U.S. government. Congress established the USPTO by exercising its Article 1, Section 8, Clause 8 and commerce clause authority to pass 35 U.S.C. § 1.
Patent FAQs A patent is a legal right to an invention given to a person or entity without interference from others who wish to replicate, use, or sell it. Patents are granted by governing authorities and have a time limit, usually 20 years.
If two or more people or companies apply as owners of the patent, everyone has joint patent ownership. With joint patent ownership, all owners have the full right to do whatever they want with the patent.
There are at least three possibilities - 1) there can be multiple inventors; 2) there can be multiple partial assignees; or 3) there may be a combination of 1) and 2). Each individual inventor may only assign the interest he or she holds; thus, assignment by one joint inventor renders the assignee a partial assignee.