Express Licensing: making the most of your time and IP assets
Express licensing is the concept of fast-tracking the traditional process of IP licensing. Using standard agreements with fixed terms and conditions addresses the challenges posed by the management of non-exclusive deals for high-volume, low-cost IP assets that occupy much of the time of technology transfer professionals.
By embracing express licensing strategies for specific IP asset types (mainly copyright IP and research tools), you can introduce significant time & efficiency savings to your workflows and focus your efforts on the big opportunities.
e-lucid (an online licensing platform developed by UCLB) has taken things to the next level by moving the whole express licensing process – marketing, contracting, payment, and product delivery – online. Contracts can now be concluded in a matter of minutes, allowing you to deliver impact and/or commercial returns from your express IP assets with minimum administrative burden.