INTERNATIONAL LAW CONSULTING LAPLAND
Licensing & Technology Transfer
If your company has intangible assets such as know-how or registered rights, which it has developed but does not use, it can monetize these, if required on the market, by licensing them or transferring the technology, the know-how to a third party. To this effect, it is also necessary to contractually regulating, just like in R&D projects, the areas that can lead to disagreement between the parties such as: who gets what, how the liability is to be distributed between the contracting parties, what happens in case of breach of contract, e.g., because the agreed areas of use or territorial area was not respected by the licensee, etc.
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