Exploitation of Patents

The patentee has various options for exploiting the industrial property rights, such as sale and transfer to the purchaser, licensing the rights to use and exploitation by making use of said rights himself/herself.

The best option with regard to the individual handling of the transferred rights to use or limited rights to use are undoubtedly offered by way of a Licence Agreement. A requirement for the conclusion of a Licence Agreement, as a matter of fact, is the successful search for a partner to said Exploitation Agreement. To this end, the presentation of the invention, especially by a detailed patent evaluation, appears to be a suitable means for searching potential exploitation partners. The Licence Agreement may be concluded on the basis of a patent application and enables the transfer of rights to use as part of a regular or exclusive licence with optional restriction to the intended use.

Important aspects to be borne in mind when drafting a Licence Agreement can be found on the Check list for Licence Agreement.