What Are Best Practices for Successful Licensing Agreements?
Successful licensing agreements in nanotechnology can be achieved by: - Due Diligence: Conducting thorough due diligence on the technology and potential partners. - Clear Communication: Maintaining open and transparent communication between parties. - Flexibility: Being open to negotiation and flexible terms. - Ongoing Support: Providing necessary technical support and training to the licensee. - Monitoring and Review: Regularly monitoring the implementation and reviewing the agreement periodically.
