The prospect of being able to exploit a technology commercially through licensing, may, in fact, in itself be the main reason for patenting at all. Other reasons for entering into a patent license agreement may e.g. be:
for the patent owner/licensor:
- need for marketing facilities
- need for production facilities
- need for resources to develop the invention further
- a means of penetration in distant market(s)
- the patented technology is not part of the licensors core business
for the patent buyer/licensee
- need for access to the patented technology
- part of settling a patent dispute (infringement).
As part of our patent licensing service, we continuously focus on the commercial exploitation of our clients’ patents or intellectual property rights. We are able to help you identify patent licensing opportunities and to seek out licensing partners throughout the world.
Plougmann & Vingtoft has entered into a strategic alliance with TTO A/S - a firm highly specialised in tech transfer, including the commercialisation and licensing of intellectual property rights.
Contact our qualified patent attorneys for more information on how you can benefit from licensing your intellectual property rights or fill out this contact form with your enquiry and we will get back to you as soon as possible.
