IP As Property / IP Rights Licensing / International Licensing

9. Conclusion

International licensing today is less fraught with difficulties than it has been previously. Nevertheless, one should still be cautious. In particular the licensor must clearly have in mind the objectives to be achieved and thus be prepared to be flexible in crafting an agreement to secure those objectives. Above all, however, the difference between domestic licensing and foreign licensing lies in the need to make sure that you know who you are dealing with and the need to provide for an exit route if something goes wrong.