Obtaining and managing patent rights for an invention is very expensive. For example, a U.S. patent can cost a total of $30,000 to $50,000 over its 20 year life. When a commercial partner is identified early (e.g., before a patent application is filed), that commercial partner often pays the patenting costs. However, even if a commercial partner has not been identified, the UW C4C may incur the patenting costs if there is a reasonable likelihood that those costs can be recovered from a commercial partner later.

Posted in: Intellectual Property, Patents