What to keep in mind
Describe licensed knowledge, permitted purpose, confidentiality, training, improvements, payment, restrictions and return obligations.
Disclosure without adequate controls can destroy the practical value of confidential know-how.
Distinctions often confused
Licensing trade secrets is different from transferring a patent or assigning a trademark.
Frequently asked questions
Can know-how be licensed without disclosing it publicly?
Yes, through carefully restricted confidential disclosure.
What happens to the knowledge when the license ends?
Permitted continuing use and secrecy duties require express treatment.
Informational content. It is not a substitute for professional advice.