In the current economy, more and more companies are seeking to monetize their patent portfolios. If your involved in the utilization of patents as business assets, you know that understanding patent transactions has never been more important. I recently received this outline from Joseph Yang, Partner at PatentEsque Law Group and Co-Chair of PLI’s Advanced Patent Licensing 2011 (scheduled for October 24, 2011 in San Francisco and via live webcast) that explores the law of patent licensing and the business of licensing.
Here is an excerpt from the outline:
In any “patent” or “technology” licensing effort, it is critical to understand the interplay between the business and legal aspects of the transaction. The legal team must build a legal structure that is consistent with the requirements of the law, while the business team must have a deal structure that meets the grantee’s business needs. Unfortunately, there is often a inadvertent chasm between the two sides — the lawyer has little experience in business, and vice versa.
The first part of this outline will explore the law of patent licensing: (1) the different types of “license” grants; and (2) the different enforcement rights associated with each of the different grant types. These are fundamental legal principles with which any licensing deal must comport.
The second part of this outline will explore the business of licensing: (1) the difference between “technology” and “intellectual property,” (2) when businesses need the former versus when they need the latter; and (3) how to select sale/licensing “candidates” from a business and legal perspective. These are the business principles necessary to understand and drive the deal.
Click here for Joseph Yang’s complete outline from the Advanced Patent Licensing 2011 Course Handbook.
Click here to learn more about PLI’s Advanced Patent Licensing program.
Tags: MedImmune, patent licenses, Patent Licensing, patent licensing enforcement, patent transactions, PLI, Quanta, SanDisk
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