What is a Patentee? Exploring Legal Definitions and Implications

Definition & Meaning

The term "patentee" refers to an individual or entity that holds a patent, which is a legal right granted for an invention. This right allows the patentee to exclude others from making, using, selling, or distributing the patented invention without permission. According to federal law, specifically 35 USCS § 100, the term also encompasses successors in title, meaning that if the original patentee transfers their rights, the new holder of the patent is also considered a patentee.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A company develops a new type of solar panel and receives a patent for it. The company is now the patentee and has the exclusive rights to manufacture and sell that solar panel.

Example 2: A researcher invents a new drug and patents it. They later sell their patent to a pharmaceutical company. The company becomes the new patentee, inheriting all rights associated with the patent.

Comparison with related terms

Term Definition Key Differences
Inventor The person who creates or discovers an invention. The inventor may not always be the patentee if they assign their rights to another party.
Licensee A person or entity that has received permission to use a patented invention. A licensee does not hold the patent rights but has permission from the patentee to use the invention.

What to do if this term applies to you

If you are a patentee or believe you may become one, consider the following steps:

  • Understand your rights and responsibilities as a patentee.
  • Keep detailed records of your patent and any agreements related to it.
  • Consult with a legal professional if you have questions about enforcement or licensing.
  • Explore US Legal Forms for templates related to patent agreements and licensing.

Quick facts

  • Typical fees for patent applications can range from several hundred to several thousand dollars.
  • Patents are valid for 20 years from the filing date in the U.S.
  • Patentees can enforce their rights through legal action against infringers.

Key takeaways

Frequently asked questions

A patentee is someone who holds a patent and has the exclusive rights to the patented invention.