How OTL Thinks about the Value of a LicenseApril 5th, 2012
FiledApril 5th, 2012Every invention, by definition, is “new” and its significance is often unknown early on. Therefore, putting a value on the invention before it is commercialized is a challenge. License agreements have many parameters but most people focus on the financial provisions of a license agreement. Each invention and license has a particular set of facts and therefore, financial terms are hard to pinpoint without a context. We describe below the parameters OTL considers most relevant to the value of a license.