Technologic Contracts

Technologic Contracts

1. In a changing global market, intangible assets create strong competitive advantages. As part of its management the enterprises must consider different factors whether they are technology developers or customers.

   • Technologic Contracts
     • become a technological relationship, in which rights and obligations are created, transmitted, modified or extinguished to trade technologic objects.
       • Software Contracts
         • Commercial software: software bought in stores with an established contract form that can’t be modified: Shrink Wrap Click Wrap Browse Wrap
         • Customized and specialist software: computer programs and platforms created specifically to meet the needs and specific processes of an organization: Contract to grant a license for using the specialized and customized software: Turnkey contract Contract to supply Software implementation services Contract to supply Software maintenance services Contract to supply Software development services
     • Hardware Contracts
       • Hardware contracts are more easy to define given that there is a tangible object to trade. The following are the must common contracts: Contract of sale Contract of test and purchase Contract of lease Contract of financial lease
   • Licensing
     • Licensing is one of the must common mechanism used to transfer technology. According to Ryder, R. D., & Madhavan, A. (2014) in order to define the scope of a license in a technology negotiation
       • Licensing Agreement
         • Depending on the bargaining power of the parties and the technology involved, the license can be granted by an agreement