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Aug 6th, 2022
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How to Clean design in the Licensing Agreement

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[Music] okay heres the big one heres the tough one heres the video you guys are waiting for negotiations right now everybodys a little intimidated about negotiations how do you deal with that mark because i know youre i know youve got a certain attitude youre youre you know youre to the point but if you really want to get a deal done right how do you come how do you approach it do you approach it with with pushing or being a little aggressive do you post do you approach it with trying to find a middle ground how do you approach negotiating anything like even buying a car how do you do it okay well theres two things and im glad you brought this up because this is very valuable to a lot of people num number one is planning and number two is take the fear out of it okay these are two of the secrets these are the two of the secrets that i use and im im a little bit different than the average bear which is why you have me on frankly i mean its certainly not for my looks so wh

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Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.
A disadvantage of licensing is: the licensee may decide to use the expertise you have developed, break the agreement, and begin producing the product on his/her own.
Disadvantages to the licensor include: The licensor having loss of control of their intellectual property. The licensor having to depend on the skills, abilities, and resources of the licensee to generate revenues. The licensor being exposed to intellectual property theft by the licensee.
An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
what are three disadvantages to licensing for the licensor? A licensor can lose control over its technology by licensing it. A licensor does not have control over manufacturing, marketing and strategy. Licensing limits the ability to coordinate strategic moves across several countries.
Advantages and Drawbacks of Licensing Intellectual Property Income without overhead. Potentially better marketing. Enter foreign markets more easily. Diffuse conflicts. Risk of IP theft. No guarantee of revenue. Unintended competition. Risk of diminished reputation.
Disadvantages of licensing patents loss of control (partially or fully) over your invention. relying on the licensees ability to effectively commercialise your patent. risk of poor strategy or execution damaging the product success. poor quality management damaging your brand or product reputation.
Licensing agreements allow parties to control property and enter new markets without having to spend the money to do so. Drawbacks of these deals include establishing a relationship with the wrong company and the possibility of losing a companys reputation.

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