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:
“Children, dear and loving children, can alone console a woman for the loss of her beauty.”
—Honoré De Balzac (1799–1850)
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