Licence definition

Licence definition
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Patent Glossary: Licence

Licence is a legal agreement granting someone permission to use a patent for certain purposes or under certain conditions. A licence does not constitute a change in ownership of the patent.

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Definition: Licence - How do I file a patent application?

Why is it important to patent my idea?
Inventors need to learn how to patent their ideas - as it protects their invention and can provide opportunities for investment / licensing opportunities.
A patent is an exclusive right granted by the government (both U.S. and international) for an invention.
It provides protection for the invention to the owner of the patent for a limited period which varies from country to country.

Patent Common misspellings:

Patent Filing Information (Lawyers)

Patent Glossary / Inventing Business Dictionary - Define: Licence - 2004 HJ Ventures International, Inc.