What rights does a patent owner have?

Patent owners have several rights that come with their patent. These rights are granted under intellectual property law in California. The first right is the exclusive right to make, use and sell the invention for a specific period of time. This gives the patent owner a monopoly on the invention, meaning that no one else can make, use or sell the invention without the owner’s permission. The second right is the right to license the invention to other companies to make, use and sell. This means the patent owner can allow other companies to make and sell their invention with the patent owner’s permission. The third right is the right to sue anyone who uses, makes or sells the invention without the owner’s permission. This allows the patent owner to protect their invention from illegal use or copying. The fourth right is the right to transfer, assign or sell the invention to someone else. This means the patent owner can transfer their rights to another person or company, allowing them to make, use and sell the invention as they wish. Lastly, the patent owner is entitled to receive compensation for any damages done to their invention due to illegal use. This ensures that the patent owner is fairly compensated for any investments they have made in the invention. In summary, patent owners have exclusive rights to make, use and sell their invention, the right to license it, the right to sue for infringement, the right to transfer or sell the patent, and the right to receive damages for infringement. These rights are granted to patent owners through intellectual property law in California.

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