Part I of this two-part series on technology licensing dealt with the non-financial terms of a typical technology license agreement: subject matter, scope, territory, exclusivity, sublicensing and improvements. This Part II of the series will deal with the most contentious aspect of any license agreement, the financial terms, which are usually negotiated last. The reason
technology license agreement
Technology Licensing Primer for Entrepreneurs – Part I: Non-Financial Terms
By Alon Y. Kapen on
If you’re developing a product that requires certain technology that can’t be developed in-house (because of cost, time, human resources or complimentary assets), it might make good business sense to use technology that has already been developed by others and is available on the market.
A technology license is essentially an agreement between the licensor …