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Subject Q15) Does a Patentee get money once a patent has been granted to him?

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Subject Q15) Does a Patentee get money once a patent has been granted to him?

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No. A patentee does not get any kind of money over the grant of the patent. However, when a patentee sells his patented invention to a third party, he gets money. The patentee has all the rights to sell his invention exclusively and/or non-exclusively to any person/party or he may choose to sell his invention for a royality. The granting authority will not give any money to the patentee. Rather the inventor has to spend lot of money to get the patent rights over his invention and also to spend lot of money to maintain his patent.

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