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Rajah Lehal

Background IP Licensing Agreements Promote Innovation

January 16, 2016

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An Australian specialist in cricket helmets wanted to break into the jockey helmet market, but couldn’t quite perfect the manufacturing process. Attempts to manufacture offshore (China) were plagued with difficulties. However, through a networking association, access to university background IP on material properties made it possible to move forward, not just with manufacturing, but with manufacturing domestically, thus avoiding issues of offshore sourcing, including consistency of materials and consistency of manufacturing process.

Innovative startups can benefit from university background IP, while universities can benefit from bringing this IP to market. It is important for both parties that a robust policy and appropriate licensing agreement is developed to both protect background IP and promote its use in industry.

Take away:

  • Having a policy in place for sharing while protecting background IP can make or break a startup, can encourage innovation and create new products and markets and economic growth.
Intellectual Property
Grant of Licence
Background Intellectual Property
Commercial Activities

Written by Rajah. Rajah Lehal is Founder and CEO of Clausehound.com. Rajah is a legal technologist and technology lawyer who is, together with the Clausehound team, capturing and sharing lawyer expertise, building deal negotiation libraries, teaching negotiation in classrooms, and automating negotiation with software.