Technology Transfer Process

Technology Transfer ProcessProcess

Patenting an invention provides a number of advantages, such as:

  • The patent holder obtains the right to forbid others to produce, market and sell the patented invention
  • Patenting is an investment and it ensures the patent holder a technical-economic monopoly.
  • A patent can be used to create sources of revenue through collaboration and licensing agreements.
  • It ensures that the patented invention is made public to society after 20 years of protection.
The disadvantages of patenting an invention include:

  • Patenting followed by rapid publication of the invention in a scientific journal often has the unfortunate side effect of damaging, in terms of novelty, the possibilities for protection of additional results generated during the priority year.
  • Publication of an exam project
  • Patenting too early in relation to research results could mean that:
    • It is necessary to patent again during the priority year in order to cover what later turns out to be the real invention. Patenting thus becomes twice as expensive since the original patent application must also be maintained.
    • A weak patent is obtained that is too broad and difficult to defend.
    • In the worst case it may happen that the patent must be annulled.
  • Patenting can be very costly.
  • It may be necessary to disclose a trade secret.
  • The patent can prevent your own later patenting.