Technology Licensing
Technology Licensing allows innovators to authorize others to use, produce, or sell their technology under specific terms, enabling collaboration and income generation.
Types Of Technology Licensing
Technology licenses vary by scope and exclusivity.
Exclusive License
Grants one party complete rights to use the technology.
Non-Exclusive License
Allows multiple licensees to use the same technology.
Compulsory License
Granted by the government in public interest scenarios.
Cross License
Enables mutual use of technologies between two entities.
Sub-License
Allows a licensee to grant secondary rights to others.
Joint Venture License
Shared ownership between partnering companies for co-development.
Why Technology Licensing Is Important?
Contract Drafting
Legally sound licensing agreements.
Royalty Structuring
Setting fair compensation for technology use.
Global IP Protection
Cross-border technology rights management.
Due Diligence
Evaluating IP assets before licensing.
FAQs
What is technology licensing?
It’s granting rights to another entity to use specific technology.
Who can license technology?
Inventors, research institutions, or tech-based companies.
Is ownership transferred?
No, the owner retains IP rights unless specified otherwise.
How is royalty determined?
Based on technology value, market use, and duration.
What are the benefits?
Revenue generation and innovation expansion.
Why legal agreements?
To protect ownership and ensure compliance.