Catalogue 2019 - 2020

LAW 711 Licensing of Intellectual Property



Course Description

This course provides an overview of the licensing characteristics of intellectual property including considerations for licensing of patents, trademarks, trade secrets and copyrights. This course includes an interactive negotiation and drafting of a mock licensing agreement over the course of the semester. Attributes of E-commerce, software, shrink-wrap, click-wrap and database licenses, distributorship licenses, research and development licenses, university technology licenses and joint venture agreement licenses are presented. The essential elements of licensing agreements including grant clauses, royalty, fee and payment clauses, indemnification clauses, termination clauses, confidentiality clauses, best effort clauses, quality control clauses and remedies clauses are presented for use in the drafting of the mock licensing agreement. Antitrust concerns in intellectual property licensing including patent misuse are presented for use and consideration in drafting the mock licensing agreement. Licensing resources are introduced including case law, sample licensing clauses, licensing treatises and actual licensing agreements for use by the students in drafting the mock licensing agreement.