How are industrial property rights paid for in licensing agreements?

The ‘price’ or the ‘cost’ of the acquisition of industrial property is dependent upon a number of factors, including the nature and duration of the industrial property rights, and the technology and relative bargaining power of the parties. The prospective transferor usually makes a careful assessment in terms of value or the need for the particular technology, the alternative technologies available, the prospect of technological advances and the likely production and profitability of the potential transferee. The prospective transferor also makes detailed projections of production and consequent income flow from other potential licensees or technology recipients.

Sustainable Development Goals:

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions