Generally speaking, technology licensing is the exchange of intellectual property (IP) between two parties in which one party gives another permission, or license to use the first party’s IP. Technology licensing is an agreement that is quite similar to a rental agreement. In most rental agreements, a landlord permits a person to occupy one of the apartments for a specific amount of time in exchange for monthly rental payments. In a technology licensing agreement, the intellectual property owner, also known as licensor, will provide a party,...Continue Reading...
