Micro Entity Status
Changes to US patent law in December 2012 created a sub-category of small entity status called "micro entity status" for inventors who qualify for small entity status, but also have a gross income less than a certain amount, and have assigned their patent(s) to their employer which is an institution of higher education.
Read more about this topic: Small Entity Status
Famous quotes containing the words entity and/or status:
“What is this world of ours? A complex entity subject to sudden changes which all indicate a tendency to destruction; a swift succession of beings which follow one another, assert themselves and disappear; a fleeting symmetry; a momentary order.”
—Denis Diderot (1713–1784)
“As a work of art it has the same status as a long conversation between two not very bright drunks.”
—Clive James (b. 1939)