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ARTICLE · 22 AUGUST 2024

Intellectual Property Primer Part One: What Parties Should Know & Avoid During Licensing

MLT Aikins LLP
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According to the consulting firm Brand Finance, the value of intangible assets (or IP) soared from 17% of the value of the S&P 500 in 1975 to around 90% in 2022.

CanadaIntellectual Property
Nicolas A. Joubert
Nicolas A. Joubert
Justin Papoff
Justin Papoff
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Intellectual property (IP) can be an organization's most valuable asset. In fact, many of the most valuable companies in the world today have at their core valuable IP portfolios.

According to the consulting firm Brand Finance, the value of intangible assets (or IP) soared from 17% of the value of the S&P 500 in 1975 to around 90% in 2022. One way to leverage the value of owned IP is to license out the IP to third parties.

This form of commercialization is accomplished where an IP owner ("the licensor") grants a set of rights over the IP to another party ("the licensee"). There are several potential advantages to licensing IP, including revenue generation and strategic business expansion. Licensing IP is commonplace in many industries, but there are several legal considerations for both the licensor and licensee to take into account. This blog will discuss several key considerations that these parties should take into account before entering into this type of an

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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