Technology licensing

Definition of Technology Licensing
  • Refers to transferring or performing to person wishing to perform right or technology acquired from research and development, and technology licensing comprehensively includes transfer of right, licensing and transfer of know-how.

Target and Form of Technology Licensing
  • Targets of technology licensing include patent, utility model, trademark, design, literary work, computer program, database, semi-conductor integrated circuit layout design, etc.

  • In particular, for universities, research know-how, thesis, research intermediate outcome, chemical compound, microorganism, molecular structure, program, result report, research personnel or research equipment can be the target of technology licensing.

  • Form of technology licensing Content
    Technology trading (Hand-over, Transfer) Technology licensing in the form of trade in which contract is settled
    when the licensee makes the payment and gets the nominal transfer
    on the rights such as patent right
    Grant of license Exclusive license Right to exclusively use the corresponding patent technology within the range of license on the contract between licensor and licensee, after which patentee cannot use technology for job
    Non-exclusive license Right to non-exclusively use the corresponding patent technology
    within the range of license on the contract between licensor and
    licensee, after which the patentee may grant non-exclusive right to
    license to third party
    Technology licensing with management
    support related with technology
    Trading method in which management resource such as capital,
    management know-how, facility and key parts related with trading
    technology is shared
    M&A of technology holding company or asset Method of selling the whole company holding technology
    (the company depositing asset as a result of M&A will be closed.)
    Trading method in connection with
    technological advisory and instruction
    Method of connecting technological advisory and instruction with
    licensing by dispatching technician
    Others Trading method from sales of technological data, cooperation on
    technical tie-up, joint research, production tie-up, etc.
Engineering Fee
  • Concept of Engineering Fee: The payment made from licensee to licensor as a benefit in return on the technology licensing or grant of license

  • Types of Engineering Fee

  • Engineering fee Content
    Fixed rate
    engineering fee
    Lump sum payment Relevant to when not directly connected to sales of contract
    technology. A method of lump sum payment of price of technology
    irrelevant to sales price of contract product
    Payment in
    installments
    Relevant to when not directly connected to sales of contract
    technology. A method of payment in installments of price of technology irrelevant to sales price of contract product
    Ordinary engineering fee When contract technology is directly connected to sales, according to
    a set calculation standard, the sales amount or net profit is multiplied
    by a certain rate, and this multiplication is regularly paid.
    Advance engineering fee On the engineering fee expected to incur during contract term, the part or whole of this is paid initially during the payment term set by the contract or at the time of effectiveness of contract
    Fixed rate engineering fee and commercial
    engineering fee
    Mixed method of fixed rate engineering fee and commercial
    engineering fee
    Advance engineering fee and commercial
    engineering fee
    Mixed method of advance engineering fee and commercial
    engineering fee
    Minimum engineering fee Setting up the minimum amount of engineering fee to be paid during
    the whole period or a certain period of contract term
    Maximum engineering fee Method of setting up the maximum limit of engineering fee and paying within the range irrelevant to the actual sales despite large amount of contract product are produced and sold
Technology Licensing Compensation
  • Related Grounds: Regulation on intellectual property right of Kyungpook National University

  • Engineering fee income from technology licensing is paid to inventor as compensation.
    (However, from the engineering fee income, the compensation is paid after intellectual property right related costs
    (application, registration, maintenance fee, etc.)