Licensing Executives Society Philippines

Defining Sublicense Income To Avoid Problems Down The Road

This article looks at sublicense income payment provisions in academic licenses. A majority of academic licenses are granted to small companies which are likely at some point to grant a sublicense to a large company to take the product to market. The article examines the three structures that have evolved to share the payments received by the small company from its sublicensee with its academic licensor and then looks at problems that have risen over the issues of milestone payments and profit sharing arrangements.

An Update On International Trends In Technology, Media And Telecoms Dispute Resolution, Including Intellectual Property Disputes

Technology and intellectual property (IP) rights are key components of innovation and creative processes, and their efficient exploitation is fundamental to successful business. While the careful drafting of contracts will reduce the frequency of disputes, they may at times arise. Therefore, it is essential that disputes be managed and resolved efficiently. Parties to IP and technology transactions must anticipate appropriate mechanisms to prevent and resolve potential disputes in a time- and cost-effective manner in order to avoid lengthy and costly court proceedings.

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