Patents may have commercial significance beyond their role as intellectual property rights. Their value and potential use may be considered in connection with licensing, technology transfer, assignment and other commercial arrangements.
The practice undertakes work relating to patent valuation and commercialization for businesses, inventors and institutions.
Scope of Work
The work may include:
- Patent Vaulation
- Patent portfolio assessment
- Licensing strategy
- Identification of potential licensees
- Technology transfer
- Assignment of patent rights
- Transaction-related support
Patent Valuation
Patent valuation involves consideration of the factors relevant to the value of a patent or patent portfolio. The nature of the assessment may depend on the patent, technology, ownership position, commercial circumstances and intended transaction.
Licensing
Patent licensing may provide a legal framework for permitting another party to use specified patent rights under agreed terms.
Legal considerations may include the structure and terms of the licence, rights granted, restrictions, obligations and other contractual provisions.
Technology Transfer and Assignment
Patent-related commercialisation may also involve technology
transfer or assignment. The appropriate structure depends on the nature of the
intellectual property, the parties involved and the proposed transaction.
Commercial Transactions
The practice may also provide transaction-related support in connection with the commercialisation of patent assets, including matters concerning potential licensees and relevant agreements.
Related Practice Areas