How Much Is Your Invention Worth or How Much Should You Pay to License Inventions? | Barnea Jaffa Lande & Co.
Licensing Agreements Are the Cornerstones of Technology Companies Based on Intellectual Property. Licensing agreements are the cornerstones of technology companies based on intellectual property. A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. The licensor provides the licensee a right to use and a limited license, while the licensee accepts a series of conditions related to use of the product and payment for such use. How Is the License Valued? The value of the license is the sum for which the “licensor at will” sells the license to ...