With a licensing agreement, the licenser grants the licensee a specific right to use the licensed item for a compensation in such a way that the licenser retains the ownership rights to the item. Licensing may be the business model of the entire company or a way to expand business operations to new product groups or abroad, for example. A licensing agreement may be used to transfer, for example, the right to manufacture, sell or further develop a product.
Since a licensing agreement is usually a long-term reciprocal partnership, selecting a good and reliable contractual partner is worth investing in. We recommend using the help of commercial, technical as well as legal experts as far as possible while the licensing agreement is prepared in order to achieve a comprehensive result.
Do you or your company have questions related to commercialisation and licensing? Our team of legal and technical experts as well as our extensive network of international partners are happy to help you move forward with licensing.
Kolster is one of the most experienced IP specialists in Europe. We offer a one-stop-shop solution for all IP services for protecting, exploiting and defending your inventions, designs and brands.