Title: Understanding Intellectual Property Licensing: Benefits to MSMEs
Abstract: Technology transfer by way of licensing is the buzz word in current knowledge based economy. Since not everyone can invent technology and every one would like to introduce technologically advanced products in the market, they have no choice and have to obtain the licence for the technology protected. Also the patentee companies, either due to lack of proper funding, nonavailability of skilled labour, difficulties in procuring raw materials and market reachability, etc., require licensing their technologies. However, it is important for companies to understand the Intellectual Property Licence agreement since most often these licence agreements are enforced without a proper right.
Publication Year: 2013
Publication Date: 2013-12-01
Language: en
Type: article
Indexed In: ['crossref']
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