Patent License Types.pdf
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Patent licenses are agreements that allow others to use patented technologies and are necessary for innovation and commercialization. There are several types of patent licenses: exclusive licenses grant sole use of the technology to the licensee; non-exclusive licenses allow the licensor to license to others; sole licenses provide exclusive use but allow the licensor to also use; and field-of-use licenses restrict use to a particular application. Cross-licenses allow mutual use of patents between companies, while compulsory licenses are granted by governments without consent in exceptional cases.
Patent License Types.pdf
- 2. Licensing is the bridge between innovation and commerce, and a critical component of the modern economy. Patent licenses are agreements between the owner of a patent and another party that permit the use of that patent in some capacity. Patent licenses are necessary to enable the commercialization and sharing of patented technology, to avoid litigation, to enter new markets, and to access essential technology needed for innovation. They provide a mechanism for companies to collaborate, maximize the commercial potential of their inventions, and accelerate the pace of technological advancement. In this document, we discuss the different types of patent licenses.
- 3. An exclusive license gives the licensee (the person receiving the license) the right to use the patented technology exclusively. The owner of the patent (the licensor) cannot license the technology to any other party, nor can they use it themselves. Exclusive licenses are commonly used when a company wants to use a patented technology in a specific market or geographic area. Exclusive licenses are often granted for a fixed period, after which the license expires. EXCLUSIVE LICENSE
- 4. A non-exclusive license grants the licensee the right to use the patent technology, but the licensor retains the right to license the technology to other parties and use it themselves. Non- exclusive licenses are common when the technology is widely used or when the licensor wants to earn revenue from multiple sources. NON-EXCLUSIVE LICENSE
- 5. A sole license grants the licensee the right to use the patent technology exclusively, but the licensor retains the right to use the technology. However, the licensor cannot license the technology to any other party. Sole licenses are commonly used when the licensee is the only party capable of commercializing the technology or when the licensor wants to ensure that the technology is used only in a specific market or geographic area. SOLE LICENSE
- 6. A field-of-use license grants the licensee the right to use the patented technology in a particular field or application. For example, a patent owner may grant a field-of-use license to a company that wants to use the patented technology in the production of a particular product, but not in any other application. Field-of-use licenses are common when the technology has multiple potential applications or when the licensor wants to earn revenue from multiple sources. FIELD-OF-USE LICENSE
- 7. A cross-license is an agreement between two or more parties, each of whom owns one or more patents. The parties agree to license their patents to each other, allowing them to use each other's technology without fear of infringing on each other's patents. Cross-licenses are common in industries where multiple companies hold patents for similar technologies, such as the telecommunications industry. CROSS-LICENSE
- 8. A compulsory license is a license that is granted by a government or court without the consent of the patent owner. Compulsory licenses are granted when the patented technology is deemed essential to public health or safety, and the patent owner is unwilling or unable to license the technology to others. Compulsory licenses are rare and are generally only granted in exceptional circumstances. COMPULSORY LICENSE
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