20200705
Description
Mind Map by Oscar Soler, updated more than 1 year ago
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Created by Oscar Soler
over 4 years ago
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Negotiation and Licensing
- THE TEAM
- It is best to appoint a small team, which can be as few as
two people, to address points on technology,
manufacturing, legal, IP and finance, as required.
- Prepared by: OSCAR SOLER
SALINAS. Valoracion y
Negociacion de la Tecnologia.
UNAD
- Prepared by: OSCAR SOLER
SALINAS. Valoracion y
Negociacion de la Tecnologia.
UNAD
- It is best to appoint a small team, which can be as few as
two people, to address points on technology,
manufacturing, legal, IP and finance, as required.
- NEGOTIATING
- When they decide to enter into a formal licence
arrangement, specific individuals from the team with a
combination of technical and legal expertise are introduced
on both sides to complete the deal and to sign a formal
agreement.
- When they decide to enter into a formal licence
arrangement, specific individuals from the team with a
combination of technical and legal expertise are introduced
on both sides to complete the deal and to sign a formal
agreement.
- THE TERMS
- The licence fee (also referred to as ‘lump
sum’, ‘down payment’ or ‘upfront fee’) is a
payment that, typically, is separate to
royalty payments.
- The licence fee (also referred to as ‘lump
sum’, ‘down payment’ or ‘upfront fee’) is a
payment that, typically, is separate to
royalty payments.
- ROYALITIES
- Normally, royalties are paid in
addition to the licence fee. They
are based usually on a unit, a
volume or a weight of sale – the
‘royalty base’.
- Normally, royalties are paid in
addition to the licence fee. They
are based usually on a unit, a
volume or a weight of sale – the
‘royalty base’.
- HEADS OF AGREEMENT
- it is essential that a ‘Heads of Agreement’ is
discussed and that agreement is reached on
each of the important aspects of the planned
interaction, be it a research collaboration, a
licence agreement, a licence option
agreement, patent exploitation agreement, or
other.
- it is essential that a ‘Heads of Agreement’ is
discussed and that agreement is reached on
each of the important aspects of the planned
interaction, be it a research collaboration, a
licence agreement, a licence option
agreement, patent exploitation agreement, or
other.
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