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)
“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)