Negotiating a licensing agreement in nanotechnology involves several steps:
Identifying the technology and its potential applications. Conducting a thorough due diligence to understand the intellectual property landscape and ensure the patent is valid and enforceable. Determining the scope of the license, including the geographic region, field of use, and duration. Setting financial terms such as upfront fees, royalties, and milestones. Addressing legal and regulatory issues, including liability, indemnity, and confidentiality clauses.
