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." (Behar Quiñones, G., & Yáñez Figueroa, A. (2014))

   • • Source: https://www.google.com/search?q=contrato+tecnol%C3%B3gico&rlz=1C1GCEA_enCO849CO849&oq=contrato+tecnol%C3%B3gico&aqs=chrome..69i57j0l5.6141j0j8&sourceid=chrome&ie=UTF-8

2. it is important to be able to analyze advantages, disadvantages and opportunities from the use of different types of technologic contracts to carry out a negotiation and commercialization processes.

3. According to the technologic object, the technologic contracts are clasified in

   • Software Contracts
     • Commercial software: software bought in stores with an established contract form that can’t be modified
     • Customized and specialist software: computer programs and platforms created specifically to meet the needs and specific processes of an organization.
   • 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.

4. "Licensing is one of the must common mechanism used to transfer technology". ( Ryder, R. D., & Madhavan, A. (2014) )

   • Elements to be taken into account to set a licensing agreement
     • The element of property to be licensed.
     • The geographic extent of the license.
     • The duration.
     • The commercial extent of the license.
     • The entity to whom the property is being licensed.
   • Licensing Agreement
     • The license can be granted by an agreement, but terms can vary widely according to the following elements:
       • Exclusivity
       • Transferability
       • Revocability
       • Term
       • Payment
       • Territory

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