Most individuals and enterprises do not have the ability or desire to commercialize their inventions. Thus, it is often desirable to allow others to use the information in exchange for compensation. This can be done by licensing or assigning the technology. Care should be exercised on both sides of the agreement. Those transferring technology should ensure that royalties are paid, while those obtaining the technology must assure that the technology is cost effective.
The Attorneys of MOCC
We have extensive experience in preparing and enforcing licensing and technology transfer agreements. The attorneys of MOCC have assisted many client in negotiating effective technology transfers to achieve the best compensation possible for the technology.
Call us today for a no obligation initial consultation for more information about technology licensing or technology transfers.