Some of the most complex IP rights are the “improvements” on licensed innovations. Though it is hard to define what qualifies as an improvement, it generally means modifications, additions, updates, enhancements, and developments made to existing IP. Since the vast majority of university IP still in development, more often than not there will be improvements made before it’s commercialized.
But negotiating improvements rights is muddled with commonly misunderstood terms, complex royalty adjustments, and thorny sublicensing issues just to name a few. Nailing down the terms for improvements early on is a crucial step to protecting your stake in the IP as well as maintaining a harmonious relationship with your licensee.
That’s why Technology Transfer Tactics has partnered with IP law expert Larry Schroepfer to lead this detailed webinar on June 17: Drafting Improvements Clauses in University IP Licenses. Attendees will get an invaluable legal consult on this tricky area, so you can arm yourself with solid negotiating and drafting skills to protect your IP.
For complete program details, CLICK HERE.
ALSO COMING SOON: