Licensing
Can I get rights to someone else’s patent?
In some cases, the patent owner will allow third parties to use his patented invention for a remuneration or other compensation. This will usually be formalized in the form of a license agreement. In a license agreement, a number of conditions can be specified
- exclusivity (only the licensee is entitled to exploitation, possibly even to the exclusion of the licensor),
- scope of use (rights may be granted only for some applications),
- duration,
- territorial scope, and
- licence remuneration
Licenses are preferably drawn up by a lawyer specializing in intellectual property matters, in negotiations with the patent holder and his patent attorney. De Clercq & partners can provide you with professional advice in the drafting and/or negotiation of license agreements.