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ARTICLE · 05 JULY 2019

Licensing Out Technologies From An SME's Perspective

Besides, the importance of licensing out technologies increases, because nowadays we operate in a digitized and highly integrated, fast-moving environment.

LuxembourgIntellectual Property

While companies have traditionally seen Intellectual Property rights protection as a defensive means to secure competitive advantages on the technology front, large corporations, but also more and more small and medium-sized enterprises (SMEs), have realized that IP management goes far beyond the pure protection of IPRs and aim to utilize their rights proactively.

Certainly, the question how to generate the highest benefits from a company's IP portfolio arises mostly after building up a solid protection base, but IP exploitation can also be an integral part of the business plan from the outset. IP is a broad concept and includes many different intangibles (e.g. patents, copyrights, trademarks, trade secrets, know-how). However, this article about technology licensing sets the focus on patents and utility models.

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