Technologic Contracts

Technologic Contracts

1. Technologic contracts become a technological relationship, in which rights and obligations are created, transmitted, modified or extinguished to trade technologic objects.

2. 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 service

3. 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 lease
     • Contract of financial lease

4. Licensing

   • Licensing is one of the must common mechanism used to transfer technology. According to Ryder, R. D., & Madhavan,
     • The element of property to be licensed
     • The geographic extent of the license
     • The duration

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