Stephen Key > Quotes

“Unlike design and plant patents, however, a utility patent currently requires the patent holder to pay a maintenance fee of $800 at three and a half years, $1,800 at seven and a half years, and $3,700 at eleven and a half years. If you have licensed your patent to a firm that has more than 500 employees, these fees double. Failure to pay a maintenance fee results in the termination of the patent.”
― Stephen Key, One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work