FAQs about Inventions & Patents
Question: Who can submit a PMA?
Answer - Often times the applicant is the inventor/developer and ultimately the manufacturer.
Question: What is there to prevent a company from licensing a NIST invention and then just sitting on it?
Answer - Potential licensees must submit a plan for actively developing and commercializing the technology. NIST uses it to establish certain technical and commercial milestones in the license agreement which the licensee must meet in order to retain the license.
Question: What is Patent Term Restoration?
Answer - Patents issued by the Patent Trademark Office (PTO) grant patent holders the right to exclude others from making, using, or selling an invention.
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