Estimated reading time: < 1 min
Because each emerging technology has a different market value, the exact cost dollar amount is negotiated with a licensing manager.
In most cases, licensing a WARF technology involves three expenses: a licensing fee, patent reimbursement costs and royalties. The license fee and patent reimbursement costs are due after the agreement is executed, and royalties are due when a product is commercialized and sold.
Views: 825