Summary
Dr Kalyan Kankanala’s presentation at IIMB provides a comprehensive overview of intellectual property licensing, starting with the rights granted by IP and various types of licenses. The discussion proceeds to outline the licensing process, using patent licensing as a central example, and highlights key steps such as building portfolios, valuing patents, marketing, and managing licenses. The presentation also examines critical clauses found in IP license agreements, including interpretation, royalty, and obligations. It concludes with a comparative analysis of licensing clauses in software and entertainment sectors, illustrating the diversity of legal approaches and challenges. The presentation serves as an insightful resource for understanding the structured legal processes in IP licensing.
This presentation by Dr. Kalyan Kankanala, delivered at the Indian Institute of Management Bangalore (IIMB), provides a practical introduction to the licensing of intellectual property. The presentation begins with the rights conferred by intellectual property and then surveys the types of licences available, classified by the nature of the transaction, the field of use, and other parameters.
The presentation then examines the licensing process in detail, using patent licensing as a worked example. Key aspects covered include building a portfolio for licensing purposes, evaluating and valuing patents, identifying and approaching potential licensees, structuring the deal, and managing licences after execution.
The final part of the presentation surveys important clauses common to all IP licences — interpretation, grant, royalty, term and termination, obligations, representations, and related provisions. The presentation concludes with a comparative analysis of the approaches taken in software licences and entertainment licences, illustrating the diversity of considerations, legal requirements, and practical challenges that arise across these two fields.
The Presentation
Disclaimer
This article is for general information and does not constitute legal advice. Readers should consult a qualified attorney before acting on any matter discussed here.