This episode explains that IP licensing is a strategic business tool allowing IP owners (licensors) to grant specific rights to another party (licensees) to use or commercialise their IP, typically in exchange for royalties. The episode explores the benefits and risks for both parties, detailing how licensors can expand market reach and generate revenue while licensees gain access to new technologies and reduce R&D costs. Furthermore, it outlines various types of IP suitable for licensing, such as patents, trademarks, design rights, trade secrets, and copyright, and discusses different levels of exclusivity for licences including non-exclusive, sole, and exclusive agreements. Finally, it emphasises the critical importance of clear and precise drafting of licence agreements, including grant clauses, definitions of key terms, payment structures, and termination clauses, alongside crucial competition law considerations.

Show Notes

📌 Here you find the summary of this CEIPI-EPO University Diploma IP Business Administration lecture on IP Licensing by Christine Walmsley-Scotty 👉 LINK

📌 Please note the current Call for Subject Matter Experts for the IP Business Academy 2025: 👉 Link

📌 Here you can find the newsletter 🎯𝗜𝗣 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗣𝘂𝗹𝘀𝗲 which reports every 14 days on the most important news worldwide in IP and IP management: 👉 Link

📌 The newsletter 🎯𝗜𝗣 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗣𝘂𝗹𝘀𝗲 also has an archive of all previous issues in which you can research topics, which you can find here: 👉 Link

📌 🔗𝗱𝗜𝗣𝗹𝗲𝘅 is your digital IP lexicon. As a global IP knowledge hub, it helps you with all questions about IP and IP management. Browse through the topics or look for a specific answer and an expert for your questions. 👉 Link

📌 In the 🔎𝗜𝗣 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗚𝗹𝗼𝘀𝘀𝗮𝗿𝘆 you will find all the important terms “Licensing” explained in detail including audio summaries for each term: 👉 Link

📌 If you would like to learn more about personal growth topics for IP experts such as digital marketing, business development, etc., then visit our 🌱 Resource Hub: 👉 Link

📌 Here you can find IP Subject Matter Expert Christine Walmsley-Scott on LinkedIn: 👉 Link