Things you need to know about licensing intellectual property rights
By Lorna Caddy
Ownership of work product is crucial for most businesses. A business must either own or have a licence to what it uses; otherwise it could infringe someone else’s intellectual property rights.
Where the business owns the rights, this will either be because the product or service to which the rights attach has been developed in-house or as a consequence of someone assigning the rights to the business.
In this piece, we look at some lessons from recent legal disputes about licensing intellectual property rights. We highlight some points to consider when negotiating and drafting a licence agreement…
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