Inventors and technology owners considering licensing their technology may want to read our guidance note: ‘Technology Licensing: Some Strategic Thinking’. Drafted with potential licensors in mind, the note explores some of the key issues around technology licensing (that is, licensing the IP rights subsisting in an inventive product or process in return for royalty income). The note begins with a look at when licensing is likely to be the right business strategy. It goes on to highlight 10 issues licensors should consider before embarking on a licensing programme. The details of technology licences do not usually come into the public domain and so this note aims to help licensors develop a clear IP exploitation strategy, to ensure they generate maximum revenue without being tied down in the long-term to unfavourable licence provisions.
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