United cannabis® corporation has us and worldwide patent protection for its proprietary technology until october 21, 2035 united cannabis® corporation’s proprietary cannabinoid compositions are covered by united states patent no. Discover how badger licensing llc, a 50/50 joint venture between affiliates of exxonmobil chemical company and technip, offers technology in the area of phenolics to produce cumene and bisphenol-a (bpa), and in the area of styrenics to produce ethylbenzene and styrene. In general, proprietary technology, whether developed for use within the business or for sale to customers, is closely guarded only company officials who have a need to know the particulars of the technology will have access to the details of the process or development of the technology. Licensing is a contractual arrangement whereby the firm, the licensor, offers proprietary assets to a foreign company, the licensee, in exchange for royalty fees.
A licensing agreement is a legal contract between two parties, known as the licensor and the licensee in a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor in. Licensing proprietary technology to foreign competitors is the best way to give up a firms competitive advantage discuss. Uretek licensing system is based on the premise that we as a company can only be you get exclusive access to leading proprietary technology and systems in. Chapter 14 mgt 3111 study play acquirer the licensing of proprietary technology, which the licensor typically controls by virtue of a utility patent features.
Two part question, so i will take it in two parts: proprietary technology a proprietary technology is a process, tool, system, or technology that is the property of a company and is used as a source of competitive advantage. Technology leadership technology licensing motorola solutions’ licensing practice supports both standards-based licensing and proprietary technology. By a technology licensing agreement the licensor one party will contribute technology or know-how of which he is the regulate the use of the proprietary. Press release media contact: badger licensing to provide technology for new bisphenol a plant in china boston badger’s proprietary bpa technology.Keywords: licensing technology, technology competitive adavantage in todays business circumstance, proprietary technology play a significant role in business, because it is considered as competitive advantage. Licensing fees typically amount to a small percentage of the sales after energizing its efforts to license its thousands of technology patents a few. We are pursuing a sub-licensing strategy to other industry under our enabling proprietary nimh battery technology and lithium-ion. Proprietary software may also have licensing terms that limit the usage of that software to a specific set of hardware apple has such a licensing model for mac os x. 10 tips for licensing intellectual property of the technology licensing office at the massachusetts institute of technology 4 test quality before licensing,. A license (american english) or licence (british english) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit. Badger licensing llc announced that fujian gulei petrochemical co ltd has selected badger’s proprietary technologies for a 600 kta grassroots ethylbenzene /styrene monomer (eb/sm) plant being built in gulei economic development zone, zhangzhou city, fujian province, people’s republic of china. Cree may choose to partner with other parties and promote the use of its proprietary technology through intellectual property licensing.
Proprietary technology is any combination of processes, tools, or systems of interrelated connections that are the property of a business or an individual these combinations provide a benefit or competitive advantage to the owners of proprietary technologies companies that are capable of. Confidential concepts, formulae, software code, technical information, etc, that provide competitive advantage to a firm proprietary know how is usually protected under law against unauthorized disclosure, misuse, or stealing for an indefinite period, provided all reasonable care is taken to prevent its becoming public knowledge. Flexsorb™ is an exxonmobil developed and commercialized suite of gas treating technologies and absorbents the flexsorb se technology is designed for selective removal of h2s in the presence of co2 and utilizes proprietary severely sterically hindered amines. [form] exclusive license agreement technology, trade secrets, data 14 proprietary information shall mean information and trade secrets owned or .
1 2 licensing proprietary technology to foreign competitors is the best way to give up a firm’s competitive advantage a licensing agreement is an arrangement whereby a licensor grants the rights to intangible property, such as patents, inventions, formulas, processes, designs, copyrights, and trademarks, to another entity (the licensee) for. Technology license -monomer technology and polymer technology- | sumitomo chemical has been licensing various technologies in the world. Review merrill lynch's 1997 reentry into the japanese private client market (see the opening case for details) pay close attention to the timing and scale of entry and the nature of the strategic commitments merrill lynch is making in japan. Eastman's technology licensing and alliances group licenses and sells intellectual capital for the design specifications and proprietary and confidential know-how.
A licensing agreement is a legal contract between two parties, known as the licensor and the licensee in a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor. Experience expertise excellence petrochemical technology licensing of mitsubishi chemical corporation these are three things that have helped make mitsubishi chemical corporation (mcc) one of the top ten chemical manufacturing companies in the world, and a global leader in technology licensing and catalyst creation.