FAQ - License

  1. What is a license?
  2. What rights are typically assigned to a licensee?

1. What is a license?
It is a legal instrument that allows a licensee certain rights to use the intellectual property under agreed upon terms and for how long.

Back to top

2. What rights are typically assigned to a licensee?
The licensing terms depend upon the business needs and the obligations of the university. A licensee’s rights may be exclusive or non-exclusive for a given field of application and for a defined geographical area. The rights may also include some combination of product development, manufacturing, marketing and sales and distribution, again in a defined geographical area for a specific application.

Back to top