PATENT LICENSE NEGOTIATION: BEST PRACTICES

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Patentes
Elkin Santiago Cuervo Naranjo
Mapa Mental por Elkin Santiago Cuervo Naranjo, atualizado more than 1 year ago
Elkin Santiago Cuervo Naranjo
Criado por Elkin Santiago Cuervo Naranjo mais de 6 anos atrás
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Resumo de Recurso

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

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