Friday, November 17, 11:25 - 11:35 AM
Speaker(s): Daniel Lockney
Room #: Osprey Ballroom
Technology transfer is enhanced by stronger levels of patent protection, while acknowledging the necessity of complementary factors such as infrastructure, effective government policies and regulations, knowledge institutions, access to funding and venture capital, skilled human capital and networks for research collaboration. Strategically negotiated technology transfer and licensing agreements can help minimize the risks inherent in technology transfers. Counsel typically include provisions that define IP rights, trade secret protection, ownership of any jointly developed IP, rights to improvements, indemnity, limitations on liability and other key clauses in the agreements to establish each party’s rights and obligations and minimize the potential for future disputes.