Assertion: patent | /r/HasProperty | awarded
Facets:
value: sometimes
type: DEGREE
Source sentences:
text: That process involves searching patents that have already been awarded, filling out a written application with detailed descriptions and possibly drawings of your invention, and an average of two years of back-and-forth with the patent examiner before your application is awarded -- or denied.
text: A patent is a government-awarded license that grants the inventor of a product or process exclusive rights to its manufacture, use or sale for a specified time period.
text: However, if you successfully file for a patent and one is awarded (the average timeline for a patent to be awarded is around six to seven years), your exclusive rights to sell and/or license the ability to reproduce the patent for 20 years from the date you applied (utility and plant patents – design patents are 14 years from the date a patent is granted).
text: First, remember that the average timeline for a patent to be awarded is six to seven years right now (the patent office is notorious for being under staffed).
text: They may not have experience investing in patent-based companies or they would know that you are protected by patent law from the day you file – not the day your patent is awarded.
text: In the U.S., if two applicants are seeking a patent on the same invention, the patent is not necessarily awarded to the one who filed first, but is sometimes instead awarded to the one who was the first to invent.