View all text of Part 404 [§ 404.1 - § 404.15]

§ 404.2 - Policy and objective.

It is the policy and objective of this subpart to promote the results of federally funded research and development through the patenting and licensing process. In negotiating licenses, the Government may consider payments under a licensing agreement as a means for encouraging the licensee to develop an invention in order to advance practical application and promote commercialization by the licensee.

[88 FR 17739, Mar. 24, 2023]