license innovation with more than one party

Tagged: license innovation with more than one party

This topic has 2 replies, 3 voices, and was last updated 5 years, 10 months ago by Maia.

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January 20, 2019 at 10:25 am #7432

Anonymous
Inactive

Hi, Does anyone know if you can license one product at the same time to more than one manufacturer/seller? or you need to license your innovation with only one seller? Your guidance will be appreciated. Thanks

January 20, 2019 at 10:27 am #7433

Theresa
Participant

Yes, Danny. You can license your innovation more than one seller. There is no problem in it.

January 20, 2019 at 10:31 am #7434

Maia
Participant

Yes, Danny. You can license with more than one manufacturer as you want but that would result in lower royality percentage (this is known as “non-exclusive licence) as compared to exclusive license for one seller with high royality percentage.
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