The successful exploitation of intellectual property requires multi-disciplinary experience and skills. These include marketing know-how, technological, intellectual property protection, legal, financial and general management expertise. All of these skills can be found amongst Members of the Institute.

Licensing practitioners assist clients by providing independent advice and by implementing "inward" or "outward" licensing programmes. This involves: -

Assessment of Intellectual Property
Undertaking technical and market appraisals to assess the likelihood of success for new technologies, products and processes.

New Opportunity
Carrying out searches for clients seeking new technologies, new products, processes or services available for commercialisation under a licence agreement -"inward" licensing.

Establishing Licence Agreements
Planning and implementing searches for prospective commercial partners capable of exploiting a client's intellectual property under a licence, franchise, joint venture or similar type of agreement - "outward" licensing.

Advising clients on the content and framework of an agreement, and negotiating with prospective licensees the terms of a licence or other type of agreement.

Licence Management
Monitoring, on behalf of clients, licensees' performance of licence and other agreements to ensure that all obligations are met, dates are adhered to, royalty payments are made and that any possible sources of dispute are anticipated and avoided.

Other Services
Members of the Institute also provide ancillary services related to "inward" and "outward" licensing, according to their experience and fields of specialisation. These include: -

  • Acquisition Advice
  • Business Plan Preparation
  • Counselling & Training
  • Dispute Resolution
  • Diversification Strategy
  • Drafting Agreements
  • Expert Witness Evidence
  • Funding Advice
  • Innovation Strategy
  • Intellectual Asset Management
  • Legal Advice
  • Market Research
  • Patent & Trade Mark Advice
  • Product Research
  • Prototyping & Design
  • Technical Appraisals
  • Technology Audits
  • Technology Databank Searches
  • User Research

To obtain the services of Members of the Institute see Help & Advice