*2.4.1 Status for patent application*


## *2.4.2 Status for patent*


#### *Patents - Understanding the Facts DOI: http://dx.doi.org/10.5772/intechopen.98548*


**Myth**: A patent application cannot be monetized until a grant is issued. **Fact**: All types of patent application before grant including provisional patent applications can be licensed, sold. Although, the applicant cannot sue for infringement if such status of such patent application is pending [4].
