PATENT LICENSE NEGOTIATION: BEST PRACTICES

Description

Patentes
Elkin Santiago Cuervo Naranjo
Mind Map by Elkin Santiago Cuervo Naranjo, updated more than 1 year ago
Elkin Santiago Cuervo Naranjo
Created by Elkin Santiago Cuervo Naranjo almost 6 years ago
28
0

Resource summary

PATENT LICENSE NEGOTIATION: BEST PRACTICES
  1. PREPARING TO NEGOTIATE
    1. The Team. The deal team will conduct due diligence and negotiate the license.
      1. Initial Team MeetingIn In preparing for the negotiation, the deal team should identify, assess and prioritize the interests of their client
        1. The Term Sheet typically covers the major issues in a potential deal in outline form, including: thelicensed product or process.
          1. Deadlines. is important because it forces the other party to reveal its true intentions and interests in the licensing agreement.
            1. Drafting the contract.The drafting party may be the licensor or the licensee.
            2. THE NEGOTIATION
              1. Valuation approache: the cost method, the market method, and the income method.
                1. Developmental stage of invention.: But high fees and royalties can compromise the future market success of the licensed technology
                  1. Exclusivity and field of use: It is more advantageous for licensors to grant multiple non-exclusive licenses
                    1. Payment terms. There are several forms of payment that licensing parties can negotiate to compensate the licensor for the patented technology.
                      1. Rights to improvements. A licensee will want the right to use any variation of the technology claimed in the patent
                      Show full summary Hide full summary

                      Similar

                      DERECHOS DE AUTOR EN INTERNET
                      valeavenita
                      Propiedad Intelectual
                      Santiago Molina Agudelo
                      Derechos de autor
                      Yenni Brand
                      DERECHOS DE AUTOR
                      jhan.diazm1721
                      Tipos de licencias para contenidos digitales
                      johnattancaro241
                      Derechos de autor: ¡Copiad, malditos!
                      Silvana Vanessa Mosquera Candezzano
                      Copyright vs Copyleft
                      patricia.ticef
                      Propiedad intelectual
                      Angie Yepes
                      Creative Commons
                      Calu Amieva
                      Derechos de Autor
                      Catalina AR
                      Propiedad Intelectual
                      MONICA CARVAJAL