Loss of Status
Small entity status is lost when the patent is licensed, exclusively or non-exclusively, or assigned to an organization that would not itself qualify for small entity status. Special care should be taken by an organization licensing technology to the government. Except for licenses under the Bayh-Dole Act, the government is not a small entity for these purposes and small entity status would be lost.
An organization that improperly claims small entity status may lose patent rights for inequitable conduct.
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Famous quotes containing the words loss of, loss and/or status:
“Intimacies between women go backwards, beginning with revelations and ending up in small talk without loss of esteem.”
—Elizabeth Bowen (1899–1973)
“Children, dear and loving children, can alone console a woman for the loss of her beauty.”
—Honoré De Balzac (1799–1850)
“Knowing how beleaguered working mothers truly are—knowing because I am one of them—I am still amazed at how one need only say “I work” to be forgiven all expectation, to be assigned almost a handicapped status that no decent human being would burden further with demands. “I work” has become the universally accepted excuse, invoked as an all-purpose explanation for bowing out, not participating, letting others down, or otherwise behaving inexcusably.”
—Melinda M. Marshall (20th century)