What are the Benefits of an Exclusive License in Nanotechnology?
An exclusive license offers several benefits:
Market Exclusivity: Provides the licensee with a competitive edge by eliminating direct competition within the licensed scope. Increased Investment: Encourages significant investment in the development and commercialization of the licensed technology. Revenue Potential: Higher potential for financial returns through sales, sublicensing, and other revenue streams. Strategic Partnerships: Facilitates collaboration and strategic partnerships between the licensor and licensee.