Licensing Checklist
COMMERCIALISATION
n
n
Assignment – lose ownership and right to use
Licence – retain ownership but allow others
to use
n Consider the impact on the value of the IP
n Do you need to continue to use the IP?
n Consider tax position and whether any relief
applies (e.g. Patent Box)
Benefits
Financial gain
Supports further research
n Alternative to creating a spin-out company
n Provides case study material
n Translation of ideas into society
n
How does the IP fit with licensee?
Construct a clear business case
n Be ready to demonstrate IP
n Demonstrate experience of licensing
n Consider offering research support
Exclusive, sole or
non-exclusive?
n
n
n
n For what specific purpose will IP be used?
n Consider restricting the territory
n Can IP be licensed in different fields of use?
n Is an open source licence appropriate?
n Should licensee be able to sub-license?
SCOPE
MARKETING IP
Gaining interest
n
TYPES
WHY LICENSE?
Assignment or Licence
Limiting scope
n
n
n
n
n
Do you have resources to commercialise?
Do you need control over IP?
Does IP need further development?
Who needs to use IP?
Is more than one party interested in IP?
Is licensee able to commercialise IP fully?
