Patent Licensing
Licensing, a key instrument in transforming inventions into economic value, is an effective mechanism that enables revenue generation from a patent throughout the protection period initiated by a patent application.
Practices related to patent licensing are generally categorized under two main types: exclusive and non-exclusive licenses. In the licensing process, the license agreement, entered into between the patent holder (licensor) and the party in need of the patented technology (licensee) under mutually agreed terms, constitutes the fundamental framework of the licensing activity.
Patent license agreements are legally binding contracts that grant the right to use the rights arising from a patent to another party under specific conditions. For these agreements to be valid and enforceable, they must contain certain essential elements.
Effective management of licensing processes, particularly the drafting of agreements, is among the matters that require professional consultancy due to the technical and legal components involved.
With the support of professional consultancy:
- License agreements are structured to be free from legal risks,
- Rights and obligations between the parties are clearly defined,
- Intellectual property assets are strategically utilized,
- Full compliance with national and international legislation is ensured.
SIMAJ is able to provide consultancy services to its clients regarding the legal and administrative processes that may arise in this field.
End-To-End Services
Our patent and trademark attorneys, each highly qualified in their respective fields, will guide you through every stage of the process, from application to registration, ensuring you take the most appropriate steps.