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Licensing Out

Whether a university, government entity, or a corporation: organizations that develop technology need a strategy for its commercialization. For some technologies, the business plan is to build a product and sell it. For others, it may make more sense to lease a product or use a new device to perform a service. The organization that developed the technology may not be the best to exploit it. For example, an oil production company may develop a tool that it needs in its operations, but it is not in the business of selling tools or providing services to other production companies. In such case, a joint venture may be started or the technology may be licensed.

Developing a technology commercialization plan requires consultant lawyers with experience in business, licensing, litigation, and application work. Arnold & Saunders has that experience. Contact us to see what we can do for your organization.

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