Due to the legal basis they must cover, some licensing agreements are quite long and complex. But most of these agreements cover the same fundamental points. These include the scope of the agreement, including exclusivity or territorial restrictions; financial aspects, including necessary advances, royalties and the calculation of royalties; guarantees for minimum sales; calendars with “to market” dates, contract duration and renewal options; the rights of the lessor to monitoring and quality control, including the procedures to be followed; the minimum stocks to be maintained; and returns and allocations. Most licensing agreements also address quality. For example, the licensor may include in the contract conditions obliging the licensee to provide product prototypes, packaging models and even occasional samples for the duration of the contract. Of course, the best form of quality control is usually carried out before the fact – carefully checking the reputation of the licensee. Another common quality regime in licensing agreements concerns the method of disposal of unsold goods. If the remaining items in stock are sold as cheap knockoffs, this can damage the licensor`s reputation in the market. Each license agreement is unique and these agreements vary according to their nature (copyright, trademark, patent, etc.). In general, you will find these sections in most license agreements: as part of a typical end-user license agreement, the user can install the software on a limited number of computers.

[Citation required] Patent licenses have been studied in formal economic models in the field of industrial organization. In particular, Katz and Shapiro (1986) investigated the optimal licensing strategy of a research lab that sells products to competing companies in the market. [15] It turns out that the licensor`s incentives to develop the innovation may be excessive (compared to the solution that maximises well-being), while the licensor`s incentives to disseminate the innovation are generally too weak. Subsequently, the pioneering work of Katz and Shapiro (1986) was expanded in several directions. For example, Bhattacharya, Glazer and Sappington (1992) have taken into account the need for companies purchasing licences to invest more to develop marketable products. [16] Schmitz (2002, 2007) showed that due to selection or moral risks, asymmetric information can lead the research laboratory to sell more licenses than would be taken into account in complete information. [17] [18] Antelo and Sampayo (2017) examined the optimal number of licenses in a signalling model. [19] Sample licenses are available in many different industries. An example of a license agreement is an agreement between software copyright holders and a company that allows them to use the computer software for their day-to-day activities. Analysis of the Impact of the Arbitration Clause in Microsoft`s End User License Agreement – From the Perspective of Chinese Consumers [J]. Qisheng, Q.

S. H. (2007). Wuhan University International Law Review, 2, 008. The author of this section discusses the impact of the arbitration clause on the ultimate beneficiary of the license agreement. The author uses Chinese consumers as a case study in his work. On the License Agreement Templates for Digital Resources Abroad, Qiong, T. (2011). Information and Documentation Services, 32 (5), 41-44. The document focuses on how the overseas license agreement submissions have been used by different digital resources. The digital resources resulted in the provision of relevant information and documentation services necessary during the licensor`s agreement with the licensee. Sunbeam offers a ray of sunshine for the licensee when a licensor refuses a bankrupt trademark licensing agreement, Resnick, A.

N. (2013). . . .