Many countries, particularly the 27 Member States of the European Union, also have strict legislation on cartels and abuse of dominance that has an impact on the granting of technology licences. The European Union has adopted a detailed regulation, known as category exemption regulation, which regulates patent licensing and know-how agreements, as well as design and model rights and software copyright licenses. The Category Exemption Regulation (EC) (EC) No. 772/2004 of the Commission of 27 April 2004 and deals with the application of Article 81, paragraph 3, of the Treaty of Rome to the categories of technology transfer agreements. If you are in the process of licensing for the European Union or are considering licensing technology, you should carefully consider the regulation. FACT: Domestic and foreign trade shows can help small businesses find technology licenses and joint venture opportunities, and many also receive public support from the U.S. government. They should consider two other ways to generate revenue from international revenues: technology licenses and joint ventures. While not necessarily the most profitable forms of export, they offer some benefits, particularly for small and medium-sized enterprises. Examples of licenses are available in many different sectors. An example of a licensing agreement is an agreement between software copyright holders to a company, which allows it to use computer software for their day-to-day activities. Licensing agreements are the conditions under which one party can use the property of another party. While the real estate concerned may include a large number of properties, including real estate and personal property, licensing agreements are most used for intellectual property, such as patents and trademarks, as well as copyrights for written material and visual arts.
Technology licensing is not limited to manufacturing. Franchising is also an important form of technology licensing used by many service sectors (see Box 7.1). During franchising, the franchisee (conedant) authorizes the franchisee (licensed) to use its brand or service mark contractually for the marketing of goods or services. As a general rule, the franchisee continues to support the franchisee`s operations by offering advertising, accounting, training and related services. In many cases, the franchisee also provides products that the franchisee needs. Given the potential complexity of international technology licensing agreements, your company should seek qualified legal advice in the United States before such an agreement is reached. Licensing agreements are often used for the commercialization of technologies. Christian, Glynna K.
“Joint-Ventures: Understanding Licensing Issues.” The licensing newspaper. October 2005. Another common element of licensing agreements is the party that retains control over copyrights, patents or trademarks.