LICENSING AGREEMENTS

Licensing is a tool to commercialise and financially utilize a specific business model, business idea, product, innovation or intellectual property right such as trademark, patent or design.

Licensing requires a contractual arrangement where the other party renders certain rights to the other in exchange for a commitment to pay compensation for the license.

We have carried out numerous licensing arrangements in Finland and abroad.

We are members or The Licensing Executives Society International (LESI).

Contact our expert. Our preliminary consultation is free.

Benefits of licensing:

• The owner of the innovation gives the licensee rights to the innovation in exchange for a payment
• The possession of the innovation stays with the licensor when licensing
• Offers a possibility for the companies to expand and to increase business
• Licensing is often a part of the risk management