2016 | OriginalPaper | Chapter
The Timing of Patent Transfers in Europe
Author : Fabian Gäßler
Published in: Enforcing and Trading Patents
Publisher: Springer Fachmedien Wiesbaden
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One fundamental characteristic of patents is transferability. While the rights to exclude others from making, using, or selling the protected technology originate with the inventor, they can be transferred to anyone who gains ownership of the patent. As tradable property rights, patents facilitate technology transfer and promote the vertical and horizontal disintegration of knowledge-based industries (Hall and Ziedonis, 2001; Arora et al., 2004).