Patents and Licensing
Patenting enables FPL to grant patent licenses, which provide an important avenue for technology transfer. The exclusive nature of patent licenses promotes the transfer of technologies to the private sector for commercial markets. Examples of patents available for licensing at FPL
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A patent is an instrument by which the United States grants an inventor the right to exclude others from making, using, or selling an invention for a term of years. To qualify for a patent, the invention must be new, useful, and a non-obvious process or product.