A patent on intellectual property is your right to authorize usage and distribution of a particular invention, technology or product. A license will help your individual power to save yourself from the theft of your intellectual property.
•A patent gives you the privilege to prevent others from replicating, assembling, offering or bringing in your development without your consent.
•You get assurance for a pre-decided period, enabling you to keep contenders under control
• You would then be able to utilize your invention yourself.
•On the other hand, you can permit your patent for others to utilize it, or offer it, likewise with any benefit.
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