Abstract
Licensing IP can be used to learn about and use others’ technology. IP-holders may exclude others from using their protected IP. Licensing agreements are effectively grants made by the IP-holder to others that grant access to the protected technology and trade secret information, while creating a revenue stream for the IP-holder. For example, a high-technology consumer electronics company may need to license proprietary manufacturing equipment from others.
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Divulging trade secret information, even under the terms and safeguards noted in a license, can involve the risk of loss of the trade secret, and often it is beneficial to structure the license so that a trade secret is not divulged.
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© 2014 Springer Science+Business Media New York
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Halt, G.B., Fesnak, R., Donch, J.C., Stiles, A.R. (2014). Licensing of Intellectual Property Rights. In: Intellectual Property in Consumer Electronics, Software and Technology Startups. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7912-3_14
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DOI: https://doi.org/10.1007/978-1-4614-7912-3_14
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Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4614-7911-6
Online ISBN: 978-1-4614-7912-3
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