by jocheved » Thu Jun 07, 2012 7:20 pm
Yes. This happens all the time. There are two ways to transfer rights from a patent.
1. You can sell the patent or patent application (just like selling a car or a house)
2. You can license the rights to your patent or patent application (just like renting out your house or a room in your house)
Each method has its advantages and disadvantages. Read more about what you can and cannot do with a patent or patent application here: http://patentfile.org/you-have-a-patent-so-what/