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+commercial engineering fee |
Mixed method of fixed rate engineering fee and commercial engineering fee |
|
| Advance engineering fee+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.)