How to License
Section 3
There are a great many issues that need to be finalised when negotiating
a licence (as you will see from the size of the final licence agreement!).
The main issues to be resolved are:
n
purpose
n
territory
n
field of use
n
type of licence (exclusive, sole, non-exclusive).
These and other issues are discussed in detail later.
Music to a Potential Licensee's Ears
n
We have proprietary and registered IP of direct relevance to your firm.
n We have proved that the principle works in a number of
environments/conditions.
n We have constructed a clear business case as to how the IP can
benefit your firm.
We are in a position to present and demonstrate the IP to you at your
earliest convenience, including having a comprehensive confidential
package of know-how and performance data to support it.
n
We have an excellent track-record of licensing-out from our research
institution and we engage professional IP advisers appropriately to
relate directly to your own legal advisers.
n
n We can offer appropriate research support (for which we may be able
to obtain grant funding) and consultancy until your firm has fully
adopted the IP and for a relevant time following that.
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