There are different types of intellectual property licenses that are enshrined in a standard IP agreement. The following three are the most common: note that if royalties are structured on the revenues of certain divisions or activities, it can become very dangerous if the taker undergoes a corporate restructuring. Re-organizations are often done for larger business reasons (for example. B taxes) that go beyond the logic behind the IP logic – with a potentially huge impact on royalties, however, there are times when an intellectual property owner (IP) can delegate some or all of its IPs, but a sale in good standing is not an attractive option. The owner can be.. B, for example, a non-practicing entity (NPE) – a term comprising (1) individual inventors who, for one or the other reason, may not be able to own their intellectual property, (2) universities and other research institutes that wish to transfer technology as part of their mission, (3) commercial enterprises whose business plans change and are faced with an excess of IP or „trolls“ (4) that accumulate patents and other mental slopes as intermediaries as intermediaries , then try to get the rights on the highest bidder. To this end, you should enter into a confidentiality agreement with the licensee or potential assignee (written agreement that the recipient cannot share the information with third parties). An IP license is generally subject to a fixed term and a possible extension. For this reason, you usually get more money in advance with an order. In addition, unless otherwise stated in the contract, an exclusive license cannot normally be disclosed to third parties without your permission, but if you cede that right to another person, you can license or sell it as you see fit. Access to Harvard`s innovations should be as simple as possible. Our licensing agreements are fair and reasonable, and experienced OTD employees will work with you to help you achieve your business goals.
To give you an idea of how these licenses are taking shape, we are pleased to provide you with a series of illustrating examples. If you have any questions about these examples, please contact us. Even if the owner practices IP, there may be benefits to sharing ip with others, for example. B as part of a dispute settlement or cross-sectional license that can resolve a standoff in which two or more parties can mutually block the IP address. A patent license can also control each party`s responsibilities for the application of patent rights and the sharing of liability when the licensee is sued for infringement. In general, each party wishes to have control over possible infringement proceedings, but also to avoid being required to defend or compensate the other party. Global Access Note – The development of Technologies from Harvard Patents can lead to licensed products that could bring significant public health benefits in developing countries. By participating in Universities Allied for Essential Medicines, Harvard is committed to promoting affordable access to these products in developing countries. To meet this obligation, we may require provisions similar to those in the link below in the exclusive licenses of this potentially effective technology.
Licensees and licensees may award different compensations under a licensing agreement.