Licensing
•Download as PPT, PDF•
0 likes•794 views
Licensing is a contractual agreement where a licensor allows a licensee to use its intellectual property in exchange for fees. The major objectives of licensing are to protect small businesses, regulate foreign capital and technology, and conserve foreign exchange. Common industries that require licenses include coal, petroleum, alcoholic drinks, tobacco, explosives, chemicals, and pharmaceuticals. Licenses allow companies to test markets, monetize inventions outside their expertise, or enter markets too small for other strategies, while generating revenue with minimal resources. License agreements specify financial terms, timeframes, quality control, intellectual property ownership, and dispute resolution.
Report
Share
Report
Share
Recommended
Licensing presentacion
Licensing involves legally allowing another individual or organization to manufacture or market a product in exchange for fees or royalties. It allows a manufacturer to use intellectual property like technology, patents, trademarks or designs owned by another entity. Licensing is a contractual agreement between two businesses where the licensor permits the licensee to use its intellectual property. It can be a profitable strategy for entrepreneurs to increase revenue without risk, and is commonly used in industries like toys to produce new products based on popular movies, TV shows and characters.
License agreement ishpal
This document discusses license agreements between businesses. It defines a license agreement as a contractual arrangement where a licensor allows a licensee to use its technology, patents, trademarks, or intellectual property in exchange for a fee. License agreements benefit licensors by generating revenue without direct involvement and benefit licensees by allowing access to new markets or credibility. Key elements of a license agreement include financial terms, timeframe, quality control issues, intellectual property ownership, and dispute resolution procedures. Proper legal advice is important when drafting or entering into a license agreement.
Strategies to Leverage the MNZFTA & AANZFTA
Leveraging Free Trade Agreements (FTA) to reduce landed costs, Benefits of FTAs
Doing Business With Malaysia Forum - 26 October 2009
Licensing and other registration requrinments
Licensing is the agrement beetween two indivisuals or any organization through legal agreement or contract.
Petrella v Metro-Goldwyn Article 3
The document discusses apportionment of damages in copyright infringement cases. It summarizes the Supreme Court's 2014 ruling in Petrella v. Metro-Goldwyn-Mayer, Inc. that an infringer may retain profits shown to be attributable to its own investments and business activities, rather than just the infringed work. The ruling found that a copyright owner may not be entitled to all profits earned by an infringer, especially when the infringing work was used to sell other products or services.
technology diffusion
Technology diffusion refers to the spread of new technologies and applications across nations, organizations, industries, and users. It involves the study of how, why, and at what rate new ideas and technologies are adopted. There are several factors that influence the diffusion of technologies within businesses, including the relative advantages over existing technologies, compatibility with existing values, ease of understanding and application, and ability to experiment. Technologies typically diffuse first within innovative organizations, then major competitors, and finally smaller organizations and laggards. The rate of diffusion depends on profitability and investment requirements.
Four Steps of Controlling Process
The four-step process of control establishes performance standards, measures actual performance, compares actual performance to standards, and takes corrective action if needed. Setting performance standards establishes quantitative and qualitative goals. Measuring actual performance involves evaluating outcomes against intended goals using both top-down and bottom-up approaches. Comparing actual performance to standards determines any variations between the two. Taking corrective action prescribes changes when performance deviates from standards. All four steps are important for effective management.
Jit
This presentation provides an overview of Just-In-Time (JIT) manufacturing. It defines JIT, discusses its history and goals of eliminating waste. The key principles of JIT are described as total quality management, production management, supplier management, inventory management and human resource management. Benefits of JIT include reduced costs, inventory and lead times while improving quality, flexibility and productivity.
Recommended
Licensing presentacion
Licensing involves legally allowing another individual or organization to manufacture or market a product in exchange for fees or royalties. It allows a manufacturer to use intellectual property like technology, patents, trademarks or designs owned by another entity. Licensing is a contractual agreement between two businesses where the licensor permits the licensee to use its intellectual property. It can be a profitable strategy for entrepreneurs to increase revenue without risk, and is commonly used in industries like toys to produce new products based on popular movies, TV shows and characters.
License agreement ishpal
This document discusses license agreements between businesses. It defines a license agreement as a contractual arrangement where a licensor allows a licensee to use its technology, patents, trademarks, or intellectual property in exchange for a fee. License agreements benefit licensors by generating revenue without direct involvement and benefit licensees by allowing access to new markets or credibility. Key elements of a license agreement include financial terms, timeframe, quality control issues, intellectual property ownership, and dispute resolution procedures. Proper legal advice is important when drafting or entering into a license agreement.
Strategies to Leverage the MNZFTA & AANZFTA
Leveraging Free Trade Agreements (FTA) to reduce landed costs, Benefits of FTAs
Doing Business With Malaysia Forum - 26 October 2009
Licensing and other registration requrinments
Licensing is the agrement beetween two indivisuals or any organization through legal agreement or contract.
Petrella v Metro-Goldwyn Article 3
The document discusses apportionment of damages in copyright infringement cases. It summarizes the Supreme Court's 2014 ruling in Petrella v. Metro-Goldwyn-Mayer, Inc. that an infringer may retain profits shown to be attributable to its own investments and business activities, rather than just the infringed work. The ruling found that a copyright owner may not be entitled to all profits earned by an infringer, especially when the infringing work was used to sell other products or services.
technology diffusion
Technology diffusion refers to the spread of new technologies and applications across nations, organizations, industries, and users. It involves the study of how, why, and at what rate new ideas and technologies are adopted. There are several factors that influence the diffusion of technologies within businesses, including the relative advantages over existing technologies, compatibility with existing values, ease of understanding and application, and ability to experiment. Technologies typically diffuse first within innovative organizations, then major competitors, and finally smaller organizations and laggards. The rate of diffusion depends on profitability and investment requirements.
Four Steps of Controlling Process
The four-step process of control establishes performance standards, measures actual performance, compares actual performance to standards, and takes corrective action if needed. Setting performance standards establishes quantitative and qualitative goals. Measuring actual performance involves evaluating outcomes against intended goals using both top-down and bottom-up approaches. Comparing actual performance to standards determines any variations between the two. Taking corrective action prescribes changes when performance deviates from standards. All four steps are important for effective management.
Jit
This presentation provides an overview of Just-In-Time (JIT) manufacturing. It defines JIT, discusses its history and goals of eliminating waste. The key principles of JIT are described as total quality management, production management, supplier management, inventory management and human resource management. Benefits of JIT include reduced costs, inventory and lead times while improving quality, flexibility and productivity.
Tqm
The document discusses seven tools of total quality management (TQM): flowcharts, cause and effect diagrams, check sheets, Pareto charts, histograms, run charts, and scatter plots. Flowcharts are used to break down complex processes into simple sub-processes. Cause and effect diagrams, also known as Ishikawa or fishbone diagrams, help identify potential causes for quality problems. Check sheets are useful for quality assurance and can be derived from flowcharts and cause and effect diagrams to track specific issues.
Tqm tools and techniques
Total Quality Management (TQM) refers to a quality emphasis throughout the entire organization from suppliers to customers. The operations manager plays a key role in addressing service quality, including the tangible aspects, processes, customer expectations, and exceptions. TQM utilizes various statistical process control tools such as check sheets, scatter diagrams, cause-and-effect diagrams, Pareto charts, flow charts, histograms, and control charts to measure quality, identify issues and inspection points, prioritize problems, and monitor processes over time.
Ld pp open_door
This document provides guidance for students with learning challenges in choosing a college. It includes checklists for students and parents to use when visiting college campuses. The checklists address factors like support services available, accommodations, counseling, academics, housing, and admissions requirements. The document also contains a student self-inventory for understanding one's needs and a overview of learning disabilities and conditions like ADD/ADHD. Resources for further information are provided at the end.
Technology life cycle
Types of technology, Management of technology portfolio by a nation and an organization, Various stages of Technology Life Cycle ... TLC
Jit
This document provides an overview of just-in-time (JIT) and lean operations. It defines JIT and discusses its goals of eliminating waste and achieving smooth, rapid material flow. Key aspects covered include JIT building blocks like product design, process design and personnel elements. Benefits include reduced inventory, flexibility and increased productivity. The document also compares JIT to traditional systems and outlines steps to transition to JIT.
Procurement And Materials Management
There are different types of relationships that can exist in a supply chain. An integrated hierarchy is where a firm controls all activities from raw material sourcing to distribution. A semi-hierarchy is where firms are owned by the same parent company but operate independently. Co-contracting involves long-term alliances between organizations through equity sharing or technology transfers. Coordinated contracting uses sub-contractors for specific tasks. Coordinated revenue links include licensing and franchising agreements.
3..maintenance management
This document discusses maintenance management. It describes three types of maintenance - reactive, preventive, and predictive. Reactive maintenance involves fixing equipment after it breaks. Preventive maintenance is conducted on a schedule to prevent failures. Predictive maintenance uses condition monitoring to perform maintenance only when needed. The document outlines the advantages and disadvantages of each approach. It also discusses maintenance planning and scheduling, including developing repair plans, identifying tools and facilities needed, and estimating time requirements.
Technology life cycle
The document describes the technology life cycle (TLC), which outlines the commercial gains and financial returns of a technology from its development phase through maturity. The TLC focuses on the costs of developing a technology, the timeline for recovering costs, and how to generate profits relative to risks. It notes the TLC typically follows an S-curve shape and includes four phases: (1) research and development, (2) ascent, (3) maturity, and (4) decline. Diagrams are provided to illustrate example TLC and product life cycle (PLC) curves.
The role of procurement
Procurement involves obtaining goods and services for an organization. It includes identifying suppliers through delivery and aims to ensure an uninterrupted flow of materials at the lowest cost while improving quality and customer satisfaction. The role of procurement is to source the right quality and quantity of goods from reliable suppliers at the optimal price, time, location, and service level to meet the organization's needs.
Steps in project control process
The document outlines the three main steps in the project control process:
1. Project planning which involves defining the scope, schedule, costs, and preparing a control budget. Network analysis techniques like CPM and PERT are used.
2. Project execution where the actual project work is carried out and progress is monitored through reports on costs, time, and accomplishments compared to estimates.
3. Project evaluation to assess performance, cost overruns, decisions made, and whether objectives were achieved through auditing and hindsight analysis.
Maintenance management
Maintenance management involves planning, organizing, and directing resources to control the availability and performance of industrial plants. It aims to minimize downtime and repair costs while maximizing efficiency, prolonging asset life, and ensuring quality production. Effective maintenance management requires categorizing maintenance needs, prioritizing objectives like uptime and safety, and planning using approaches such as total productive maintenance which emphasizes prevention, employee involvement, and continuous improvement.
10-Management of Technology
This document provides an overview of key concepts in the management of technology. It discusses management of technology at the macro and micro levels. It also defines technology and different types including product, process, and management technology. Additionally, it covers technology components, classifications of technology levels from high to low, and levels of technological capability at the firm level from acquisitive to innovative. Finally, it distinguishes between invention and innovation, and types of innovations from incremental to radical.
Materials Management
Materials management involves planning and coordinating all activities related to materials, from procurement to conversion into finished goods. The key objectives are to obtain the right materials, in the right quantity and quality, from the right sources, at the right time and price. This helps reduce costs and ensures smooth production operations. Effective inventory management is also important to minimize investment in inventory while avoiding stockouts and excess capacity.
Tqm Final Ppt
The document discusses the implementation of Total Quality Management (TQM) at Rashtriya Ispat Nigam Limited (RINL), a public sector steel plant in India. RINL implemented TQM to improve quality, productivity, and performance. Key steps included establishing a TQM cell, quality management system, audits, and tools like quality improvement projects. Benchmarking, annual improvement plans, and employee involvement further drove continuous improvement. TQM provided tangible benefits such as increased sales and profits, lower costs, fewer defects and accidents. Intangible benefits included improved image, customer satisfaction, and quality culture. Full ISO 9001 certification confirmed RINL's success with TQM.
Technology management
At the national level, technology management ensures sustainable technological competitiveness and economic growth through developing technology strategies, forecasting, assessing new technologies, managing knowledge, and ensuring environmental sustainability.
At the enterprise level, key tasks include technology planning, R&D management, innovation management, and strategic management of technology to ensure competitive advantage. The strategic technology management system takes a lifecycle approach including phases such as technology creation, monitoring, assessment, transfer, acceptance, utilization, maturity assessment, and managed decline.
Maintenence management
The document discusses various aspects of maintenance management policies, including:
1. Policies around work allocation, such as determining the appropriate level of scheduling, selection of jobs to schedule, and balancing preventive and breakdown maintenance.
2. Policies regarding the workforce, including deciding whether to use an in-house workforce or outside contractors, and factors to consider in that decision.
3. General policies cover areas like interplant relations and control of the maintenance function.
PPT ON Just in time technique (JIT)
PPT ON Just in time technique (JIT)ANKIT SAXENA Asst. Prof. @ Dr. Akhilesh Das Gupta Institute of Technology and Management, New Delhi
Just in time (JIT) is a production strategy that strives to improve a business' return on investment by reducing in-process inventory and associated carrying costs. Just in time is a type of operations management approach which originated in Japan in the 1950s. It was adopted by Toyota and other Japanese manufacturing firms, with excellent results: Toyota and other companies that adopted the approach ended up raising productivity (through the elimination of waste) significantly.Maintenance Management
The document discusses the importance and objectives of maintenance management. Modern maintenance aims to keep equipment running at high capacity and producing quality products at the lowest possible cost. It also aims to minimize unplanned downtime and maximize availability. Preventive maintenance is important as it can reduce breakdowns, repairs and costs while increasing availability and efficiency. Condition-based maintenance allows failures to be detected early and repairs to be planned in advance. The goals of maintenance are to maintain availability at the lowest cost while ensuring safety.
Control process
Control is an important management function that involves establishing standards, measuring performance against those standards, comparing the results, and taking corrective actions when needed. Setting plans and structures is not enough to ensure an organization is functioning properly. Control requires planning standards and organizational structures to be effective. The basic control process involves establishing standards based on factors like profitability and productivity. Performance is then measured and compared to the standards to identify any deviations. When deviations are found, corrective actions are taken to realign performance with the plans and standards. Control must be tailored to individual managers and flexible enough to adapt to changing circumstances. Barriers to effective control can include overemphasis on short-term goals and increased employee frustration with control activities.
Just in time manufacturing ppt
This document provides an overview of just-in-time (JIT) manufacturing. It describes JIT as a philosophy involving minimal inventories and goods that move through the system as needed. The document outlines the history and evolution of JIT in Japan after World War II. It also discusses the seven types of waste in manufacturing that JIT aims to eliminate and lists some key principles of JIT including total quality management, pull-based production, and inventory management with the goal of zero inventory. The document concludes by discussing advantages like reduced waste and disadvantages like risk from supply disruptions of implementing JIT manufacturing.
Licensing
Licensing involves legally allowing another individual or organization to manufacture or market a product in exchange for fees or royalties. It allows a manufacturer to use intellectual property like technology, patents, trademarks or designs owned by another entity. Licensing is a contractual agreement between two businesses where the licensor permits the licensee to use its intellectual property. It can be a profitable strategy for entrepreneurs and a way to start a new venture when an idea may infringe on someone else's intellectual property. Licensing is commonly used in the toy industry to produce toys based on popular movies, TV shows and other licensed properties.
Technology exports and joint ventures
- Technology licensing and joint ventures are two alternative ways for companies to obtain international sales income without directly exporting goods.
- Technology licensing involves licensing intellectual property rights like patents or trademarks to foreign companies, while joint ventures involve partnerships between companies.
- Both methods offer advantages for small companies like entering new markets quickly and reducing financial risks, but licensing transfers some control over technology and usually earns less profit than direct exports. Companies should seek legal advice when pursuing these options internationally.
More Related Content
Viewers also liked
Tqm
The document discusses seven tools of total quality management (TQM): flowcharts, cause and effect diagrams, check sheets, Pareto charts, histograms, run charts, and scatter plots. Flowcharts are used to break down complex processes into simple sub-processes. Cause and effect diagrams, also known as Ishikawa or fishbone diagrams, help identify potential causes for quality problems. Check sheets are useful for quality assurance and can be derived from flowcharts and cause and effect diagrams to track specific issues.
Tqm tools and techniques
Total Quality Management (TQM) refers to a quality emphasis throughout the entire organization from suppliers to customers. The operations manager plays a key role in addressing service quality, including the tangible aspects, processes, customer expectations, and exceptions. TQM utilizes various statistical process control tools such as check sheets, scatter diagrams, cause-and-effect diagrams, Pareto charts, flow charts, histograms, and control charts to measure quality, identify issues and inspection points, prioritize problems, and monitor processes over time.
Ld pp open_door
This document provides guidance for students with learning challenges in choosing a college. It includes checklists for students and parents to use when visiting college campuses. The checklists address factors like support services available, accommodations, counseling, academics, housing, and admissions requirements. The document also contains a student self-inventory for understanding one's needs and a overview of learning disabilities and conditions like ADD/ADHD. Resources for further information are provided at the end.
Technology life cycle
Types of technology, Management of technology portfolio by a nation and an organization, Various stages of Technology Life Cycle ... TLC
Jit
This document provides an overview of just-in-time (JIT) and lean operations. It defines JIT and discusses its goals of eliminating waste and achieving smooth, rapid material flow. Key aspects covered include JIT building blocks like product design, process design and personnel elements. Benefits include reduced inventory, flexibility and increased productivity. The document also compares JIT to traditional systems and outlines steps to transition to JIT.
Procurement And Materials Management
There are different types of relationships that can exist in a supply chain. An integrated hierarchy is where a firm controls all activities from raw material sourcing to distribution. A semi-hierarchy is where firms are owned by the same parent company but operate independently. Co-contracting involves long-term alliances between organizations through equity sharing or technology transfers. Coordinated contracting uses sub-contractors for specific tasks. Coordinated revenue links include licensing and franchising agreements.
3..maintenance management
This document discusses maintenance management. It describes three types of maintenance - reactive, preventive, and predictive. Reactive maintenance involves fixing equipment after it breaks. Preventive maintenance is conducted on a schedule to prevent failures. Predictive maintenance uses condition monitoring to perform maintenance only when needed. The document outlines the advantages and disadvantages of each approach. It also discusses maintenance planning and scheduling, including developing repair plans, identifying tools and facilities needed, and estimating time requirements.
Technology life cycle
The document describes the technology life cycle (TLC), which outlines the commercial gains and financial returns of a technology from its development phase through maturity. The TLC focuses on the costs of developing a technology, the timeline for recovering costs, and how to generate profits relative to risks. It notes the TLC typically follows an S-curve shape and includes four phases: (1) research and development, (2) ascent, (3) maturity, and (4) decline. Diagrams are provided to illustrate example TLC and product life cycle (PLC) curves.
The role of procurement
Procurement involves obtaining goods and services for an organization. It includes identifying suppliers through delivery and aims to ensure an uninterrupted flow of materials at the lowest cost while improving quality and customer satisfaction. The role of procurement is to source the right quality and quantity of goods from reliable suppliers at the optimal price, time, location, and service level to meet the organization's needs.
Steps in project control process
The document outlines the three main steps in the project control process:
1. Project planning which involves defining the scope, schedule, costs, and preparing a control budget. Network analysis techniques like CPM and PERT are used.
2. Project execution where the actual project work is carried out and progress is monitored through reports on costs, time, and accomplishments compared to estimates.
3. Project evaluation to assess performance, cost overruns, decisions made, and whether objectives were achieved through auditing and hindsight analysis.
Maintenance management
Maintenance management involves planning, organizing, and directing resources to control the availability and performance of industrial plants. It aims to minimize downtime and repair costs while maximizing efficiency, prolonging asset life, and ensuring quality production. Effective maintenance management requires categorizing maintenance needs, prioritizing objectives like uptime and safety, and planning using approaches such as total productive maintenance which emphasizes prevention, employee involvement, and continuous improvement.
10-Management of Technology
This document provides an overview of key concepts in the management of technology. It discusses management of technology at the macro and micro levels. It also defines technology and different types including product, process, and management technology. Additionally, it covers technology components, classifications of technology levels from high to low, and levels of technological capability at the firm level from acquisitive to innovative. Finally, it distinguishes between invention and innovation, and types of innovations from incremental to radical.
Materials Management
Materials management involves planning and coordinating all activities related to materials, from procurement to conversion into finished goods. The key objectives are to obtain the right materials, in the right quantity and quality, from the right sources, at the right time and price. This helps reduce costs and ensures smooth production operations. Effective inventory management is also important to minimize investment in inventory while avoiding stockouts and excess capacity.
Tqm Final Ppt
The document discusses the implementation of Total Quality Management (TQM) at Rashtriya Ispat Nigam Limited (RINL), a public sector steel plant in India. RINL implemented TQM to improve quality, productivity, and performance. Key steps included establishing a TQM cell, quality management system, audits, and tools like quality improvement projects. Benchmarking, annual improvement plans, and employee involvement further drove continuous improvement. TQM provided tangible benefits such as increased sales and profits, lower costs, fewer defects and accidents. Intangible benefits included improved image, customer satisfaction, and quality culture. Full ISO 9001 certification confirmed RINL's success with TQM.
Technology management
At the national level, technology management ensures sustainable technological competitiveness and economic growth through developing technology strategies, forecasting, assessing new technologies, managing knowledge, and ensuring environmental sustainability.
At the enterprise level, key tasks include technology planning, R&D management, innovation management, and strategic management of technology to ensure competitive advantage. The strategic technology management system takes a lifecycle approach including phases such as technology creation, monitoring, assessment, transfer, acceptance, utilization, maturity assessment, and managed decline.
Maintenence management
The document discusses various aspects of maintenance management policies, including:
1. Policies around work allocation, such as determining the appropriate level of scheduling, selection of jobs to schedule, and balancing preventive and breakdown maintenance.
2. Policies regarding the workforce, including deciding whether to use an in-house workforce or outside contractors, and factors to consider in that decision.
3. General policies cover areas like interplant relations and control of the maintenance function.
PPT ON Just in time technique (JIT)
PPT ON Just in time technique (JIT)ANKIT SAXENA Asst. Prof. @ Dr. Akhilesh Das Gupta Institute of Technology and Management, New Delhi
Just in time (JIT) is a production strategy that strives to improve a business' return on investment by reducing in-process inventory and associated carrying costs. Just in time is a type of operations management approach which originated in Japan in the 1950s. It was adopted by Toyota and other Japanese manufacturing firms, with excellent results: Toyota and other companies that adopted the approach ended up raising productivity (through the elimination of waste) significantly.Maintenance Management
The document discusses the importance and objectives of maintenance management. Modern maintenance aims to keep equipment running at high capacity and producing quality products at the lowest possible cost. It also aims to minimize unplanned downtime and maximize availability. Preventive maintenance is important as it can reduce breakdowns, repairs and costs while increasing availability and efficiency. Condition-based maintenance allows failures to be detected early and repairs to be planned in advance. The goals of maintenance are to maintain availability at the lowest cost while ensuring safety.
Control process
Control is an important management function that involves establishing standards, measuring performance against those standards, comparing the results, and taking corrective actions when needed. Setting plans and structures is not enough to ensure an organization is functioning properly. Control requires planning standards and organizational structures to be effective. The basic control process involves establishing standards based on factors like profitability and productivity. Performance is then measured and compared to the standards to identify any deviations. When deviations are found, corrective actions are taken to realign performance with the plans and standards. Control must be tailored to individual managers and flexible enough to adapt to changing circumstances. Barriers to effective control can include overemphasis on short-term goals and increased employee frustration with control activities.
Just in time manufacturing ppt
This document provides an overview of just-in-time (JIT) manufacturing. It describes JIT as a philosophy involving minimal inventories and goods that move through the system as needed. The document outlines the history and evolution of JIT in Japan after World War II. It also discusses the seven types of waste in manufacturing that JIT aims to eliminate and lists some key principles of JIT including total quality management, pull-based production, and inventory management with the goal of zero inventory. The document concludes by discussing advantages like reduced waste and disadvantages like risk from supply disruptions of implementing JIT manufacturing.
Viewers also liked (20)
Similar to Licensing
Licensing
Licensing involves legally allowing another individual or organization to manufacture or market a product in exchange for fees or royalties. It allows a manufacturer to use intellectual property like technology, patents, trademarks or designs owned by another entity. Licensing is a contractual agreement between two businesses where the licensor permits the licensee to use its intellectual property. It can be a profitable strategy for entrepreneurs and a way to start a new venture when an idea may infringe on someone else's intellectual property. Licensing is commonly used in the toy industry to produce toys based on popular movies, TV shows and other licensed properties.
Technology exports and joint ventures
- Technology licensing and joint ventures are two alternative ways for companies to obtain international sales income without directly exporting goods.
- Technology licensing involves licensing intellectual property rights like patents or trademarks to foreign companies, while joint ventures involve partnerships between companies.
- Both methods offer advantages for small companies like entering new markets quickly and reducing financial risks, but licensing transfers some control over technology and usually earns less profit than direct exports. Companies should seek legal advice when pursuing these options internationally.
Protecting innovation
A crucial element of formulating a firm’s technological innovation strategy is determining whether and how to protect its technological innovation. Traditionally, economics and strategy have emphasized the importance of vigorously protecting an innovation in order to be the primary beneficiary of the innovation’s rewards, but the decision about whether and to what degree to protect an innovation is actually complex.
Licensing
Licensing involves allowing another party to use intellectual property in exchange for compensation. It allows the property owner to benefit from their invention without having to undertake commercialization activities. Licensing can provide income, access to new markets, and help spread development costs for the licensor. For the licensee it enables growth opportunities by building on another's intellectual property. The document provides an overview of licensing, the benefits to both parties, and how Business Link can assist with finding licensees and drafting licensing agreements.
Himont group 8
This document discusses the licensing activity of Himont, an Italian chemical company. It covers several key points about Himont's licensing strategy:
1. Himont's licensing strategy aimed to generate more revenue than would be lost from increasing competition eroding profits, known as the "rent diffusion effect".
2. Licensing technology was an optimal strategy when revenue exceeded losses from rent diffusion, which varied between upstream technology firms like Himont and downstream product firms.
3. Licensing non-core older technologies was a source of revenue and helped fund R&D. It was also a convenient strategy for technology diffusion.
4. Licensing technology in-house was preferable when firms had strong complementary production and marketing assets and low
Himont Technology Licensing
Himont licensed its cutting edge technology for three key reasons: to generate licensing income for accelerated R&D, prevent competitors from entering the market, and build a rapid global market presence through partnerships. The contract clauses helped address licensor-licensee problems by obtaining feedback to accelerate learning, identifying core technologies, and establishing a self-sustaining licensing cycle of value creation, monetization, and reinvestment.
licensing.ppt
Licensing is a contractual arrangement where a licensor allows a licensee to use their technology, patents, trademarks, designs, processes, know-how, or intellectual property for a fee. It differs from a government license. Franchising is a type of licensing where the licensor licenses a complete business plan to the licensee while maintaining control over standards. Reasons for licensing from the licensor's perspective include lacking resources to directly exploit a market, testing a new market, monetizing an invention, addressing small market sizes, and avoiding political risks. However, licensors must be cautious of licensees becoming competitors or further developing the technology. The licensee benefits from getting access to intellectual property quickly, cheaply, and
licesansing.ppt
Licensing is a contractual arrangement where a licensor allows a licensee to use their technology, patents, trademarks, designs, processes, know-how, or intellectual property for a fee. It differs from a government license. Franchising is a type of licensing where the licensor licenses a complete business plan to the licensee while maintaining control over standards. Reasons for licensing from the licensor's perspective include lacking resources to directly exploit a market, testing a new market, monetizing an invention, addressing small market sizes, and avoiding political risks. However, licensors must be cautious of licensees becoming competitors or further developing the technology. The licensee benefits from getting access to intellectual property quickly, cheaply, and
Intellectual property
The document discusses various forms of intellectual property including patents, trademarks, copyrights, and trade secrets. It provides information on establishing legal protection for intellectual property, selecting lawyers, applying for patents, types of patents, patent infringement, registering trademarks, copyrights, ensuring trade secret protection, and licensing intellectual property.
Patent auctions ppt
An auction is a publicly held sale where property or goods are sold to the highest bidder. The sale of patents through a public auction, where the highest bidder acquires the patent, is called a "patent auction". The goal of a patent auction is to fairly compensate the patent holder and provide corporate users access to technology at a minimal cost. Patent auctions were first introduced in 2006 and have since provided a platform for patent holders and small inventors to showcase and sell their inventions, while prospective buyers can acquire patents. However, patent auctions also carry the risk of creating "patent trolls" and impose tight timeframes for buyer due diligence.
Patent Licensing and Valuation Tips
Tips and strategies for patent licensing and university technology transfer together with some valuation points to have in mind
Entry modes to foreign markets
Licensing is a form of foreign market entry where a company (licensor) grants rights to intangible property to another company (licensee) to use in a specified geographic area for a set period of time. The licensee pays the licensor a royalty. Licensing provides fast market access and circumvents foreign entry barriers. However, it results in passive local market interaction and limited flexibility to apply new technology/marketing. A licensing agreement typically includes patents, product specs, quality procedures, manufacturing details, training materials, and minimum performance clauses. The licensor should also adequately protect patents, thoroughly analyze profitability, carefully select licensees, and consider alternative contract terms.
Licencing process.pptx
Discussion about the pharmaceutical licencing process and different steps involved in the process, current trends in licencing process and types of licences.
Commercialization
Practical aspects- Resources required, considerations, Legal vehicles for the commercialization and problems.
Innovation Across Borders - Session 5 jennifer thompson
Radiant Energy Vacuum (REV) has developed a new dehydration technology that can efficiently dry foods, liquids, and pharmaceuticals using less energy than traditional methods, and they are partnering with large multinational companies like Nestlé, Danisco, and Bimbo to commercialize the technology through licensing agreements and machine sales that could generate over $50 million annually per partner. REV aims to establish this new dehydration platform globally through strategic collaborations to test and refine the technology while building a portfolio of patents and royalty revenue streams.
Protecting Intellectual Property
The document discusses the importance of intellectual property rights (IPR) for startups. It explains what patents, trademarks, designs, and copyrights protect. It emphasizes that IPR registration provides protection and that patents grant exclusive rights to inventions for limited periods. The document advises startups to focus on high-quality patents covering key products and technologies. It suggests that strong IPR helps startups attract investors and partners and block competitors.
IP protection & commercialization strategies
This document discusses various intellectual property strategies and commercialization options. It outlines different types of intellectual property including patents, copyrights, trademarks, and trade secrets. It explains why IP is important to protect ownership, control technology transfer, establish means to pursue infringers, and increase competitive advantage. The document also provides details on patent costs, factors to consider in patent strategy, advantages and disadvantages of trade secrets, and components of a license agreement.
Licensing
Licensing involves a contractual agreement where a licensor grants permission to a licensee for certain uses. A license typically specifies the term, territory, and scope of use granted. Licensing allows companies to enter new markets and commercialize intellectual property like patents, trademarks, and copyrights. While licensing provides a lower-risk way to access foreign markets, it can also create future competitors and limit control over marketing if the licensee is not fully committed.
International Technology Transfer (ITT)
International technology transfer involves the movement of technologies across borders, usually from developed to developing countries. It includes the transfer of skills, knowledge, and manufacturing methods. Companies transfer technology for reasons such as lack of manufacturing or marketing capacity, resources, or to form partnerships to commercialize innovations. Licensing and franchising are common methods of technology transfer. Licensing grants permission to use intellectual property while franchising also transfers a business model. Transferred technologies must respect intellectual property rights like patents, trademarks, and copyrights protected by international agreements and courts.
IPR
This document provides an overview of various types of intellectual property rights including patents, trademarks, copyrights, industrial designs, geographical indications, and trade secrets. It discusses what each type of intellectual property protects, requirements for protection, terms of protection, and registration processes. The key purposes of intellectual property rights are to incentivize creativity, provide official recognition to creators, create repositories of information, and facilitate industry and international trade.
Similar to Licensing (20)
Innovation Across Borders - Session 5 jennifer thompson
Innovation Across Borders - Session 5 jennifer thompson
Recently uploaded
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
How to Setup Warehouse & Location in Odoo 17 Inventory
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar KanvariaChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxMohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
The Diamonds of 2023-2024 in the IGRA collection
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
DRUGS AND ITS classification slide share
Any substance (other than food) that is used to prevent, diagnose, treat, or relieve symptoms of a
disease or abnormal condition
How to Make a Field Mandatory in Odoo 17
In Odoo, making a field required can be done through both Python code and XML views. When you set the required attribute to True in Python code, it makes the field required across all views where it's used. Conversely, when you set the required attribute in XML views, it makes the field required only in the context of that particular view.
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)Academy of Science of South Africa
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
Walmart Business+ and Spark Good for Nonprofits.pdf
"Learn about all the ways Walmart supports nonprofit organizations.
You will hear from Liz Willett, the Head of Nonprofits, and hear about what Walmart is doing to help nonprofits, including Walmart Business and Spark Good. Walmart Business+ is a new offer for nonprofits that offers discounts and also streamlines nonprofits order and expense tracking, saving time and money.
The webinar may also give some examples on how nonprofits can best leverage Walmart Business+.
The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
How to Build a Module in Odoo 17 Using the Scaffold Method
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Aberdeen
Recently uploaded (20)
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
Licensing
- 2. Licensing is an contractual agreement between two business entities whereby the licensor( selling firm ) allows licensee ( the buying firm ) to use its -technology -patents -Trademarks -designs -Processes -Intellectual property In exchange for a fee or royalty
- 3. According to wakefield “ the transfer of rights to manufacturing market a particular product to another individual or organization a legal agreement or contract.
- 4. The major objective of licensing system is to give effect to the individual policy of the government To protect and promote small scale sector To regulate foreign capital and technology To conserve foreign exchange
- 5. 1. Coal and lignite 2. Petroleum and distillation products 3. Distillation and brewing of alcoholic drinks 4. Cigars and cigarettes of tobacco and manufactured tobacco substitutes 5. Electronic aerospace and defense equipment of all types 6. Industrial explosives including detonating fuse, safety fuse, nitrocellulose and machines 7. Hazardous chemicals 8. Drugs and pharamaceuticals
- 6. Lack of capital, management resources, market knowledge to exploit export or FDI, so license to local firm Use licensing as a way to test the market We can get money for an invention or technology which is outside competence Local market may be too small
- 7. Increasing its brand presence at retail or distribution outlet Creating further brand awareness to support its core product services Entering new markets which were with it’s own resources or capabilities Generating new revenue streams, often with little involvement additional financial or other resource implications
- 8. Transferring the values and consumer favor towards the proper licensed product or service Providing added value and differentiation form competitive offering Gaining additional retail space and favour.
- 9. Covers the financial arrangement between the two parties Establishes the time frame of the deal Address the issue of quality Which party maintains control copyrights , patents. Or trademark Specify the disputes will be resolved-in which court