Ha-Joon Chang

Patent monopoly creates a lot of problems. It allows the patentee to charge the maximum to consumers. This may not be a problem if the patented product is a luxury item, like parts that go into a smartphone, but can violate basic human rights if it involves things such as life-saving drugs.

South Korean Economist

Nassau William Senior

The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a rent; and under the same head must be ranked all extraordinary qualities of body and mind.

English Economist

The term 'patentee' is used in legal contexts where patent laws are relevant.

Legality Involved

'Patentee' implies someone has exclusive rights to make, use, or sell an invention.

Exclusive Rights

Being a patentee protects one's original ideas from being used by others without permission.