What Is the Difference Between a Patent Assignment and a Patent

question 20

Essay

What is the difference between a patent assignment and a patent license?

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Definitions:

Double Feature

The showing of two films for the price of one in a movie theater, traditionally a practice in the mid-20th century.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs, representing the trade-off between different choices in the allocation of resources.

Recession

A significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Depression

A prolonged and severe downturn in economic activity, characterized by high unemployment, falling prices, and reduced levels of trade and investment.