Define: Patent-Holder

Patent-Holder
Patent-Holder
Quick Summary of Patent-Holder

The term “patent-holder” refers to an individual who has either been granted a patent or has acquired the rights to a patent. This grants them the exclusive authority to manufacture, utilise, and market their invention for a specific duration. Even if the patent was initially awarded to a different individual, the current owner is still recognized as the patentee or patent-holder if the patent has been transferred to them.

Full Definition Of Patent-Holder

A patent-holder, also known as a patentee, is an individual who has been granted a patent or has acquired title to a patent. The term “patentee” encompasses all title-holders under the Patent Act. For instance, if John invents a new type of phone and applies for a patent, he becomes the patent-holder or patentee upon receiving the patent. If John sells the patent to a company, the company becomes the new patent-holder or patentee. Similarly, if Sarah inherits a patent from her grandfather, who was the original patentee, Sarah becomes the new patent-holder or patentee. These examples demonstrate that a patent-holder can be the original grantee or someone who has acquired title to the patent through inheritance or purchase.

Patent-Holder FAQ'S

A patent holder is an individual or entity that has been granted the exclusive rights to a patented invention.

To become a patent holder, you must apply for a patent with the appropriate government agency and meet all the requirements for patentability.

A patent holder has the exclusive right to make, use, and sell the patented invention for a certain period of time.

Yes, a patent holder can sell or license their patent rights to another individual or entity.

Yes, a patent holder has the right to take legal action against anyone who infringes on their patented invention.

The rights of a patent holder typically last for 20 years from the date of filing the patent application.

Yes, a patent holder can lose their rights if they fail to pay maintenance fees or if the patent is found to be invalid.

A patent holder can prevent others from using inventions that are covered by their patent, but they cannot prevent others from using similar inventions that are not covered by their patent.

Yes, a patent holder can be sued for patent infringement if someone believes that the patent holder is infringing on their own patented invention.

Yes, a patent holder can apply for a patent in multiple countries through the process of international patent protection.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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