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How long does the patent licensing process take, and what will it cost me in up-front money?

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How long does the patent licensing process take, and what will it cost me in up-front money?

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The process takes about 3-4 months after receipt of your application for license. (This includes a mandatory publication period of 2 months for exclusive licenses, during which a member of the public can file a written objection.) Up front license fees are generally set to provide the licensee with an incentive to diligently pursue the terms of the license agreement.

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