Defining Sublicense Income to Avoid Problems Down the Road

les Nouvelles - Journal of the Licensing Executives Society, Volume LIII No. 1, March 2018

10 Pages Posted: 7 Mar 2018 Last revised: 18 Mar 2018

Date Written: January 16, 2018

Abstract

This article looks at sublicense income payment provisions in academic licenses. A majority of academic licenses are granted to small companies which are likely at some point to grant a sublicense to a large company to take the product to market. The article examines the three structures that have evolved to share the payments received by the small company from its sublicensee with its academic licensor and then looks at problems that have risen over the issues of milestone payments and profit sharing arrangements.

Keywords: academic licenses, small company, sublicensee, academic licensor, milestone payments, profit sharing

Suggested Citation

Stevens, Ashley, Defining Sublicense Income to Avoid Problems Down the Road (January 16, 2018). les Nouvelles - Journal of the Licensing Executives Society, Volume LIII No. 1, March 2018. Available at SSRN: https://ssrn.com/abstract=3103163

Ashley Stevens (Contact Author)

Focus IP Group, LLC ( email )

70 Yale Street
Winchester, MA 01890
United States

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