25.12.2012 Views

DoD Technology Transfer Program - Usasymposium.com

DoD Technology Transfer Program - Usasymposium.com

DoD Technology Transfer Program - Usasymposium.com

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

What is a Patent License<br />

Agreement (PLA)?<br />

• An agreement by the patent owner<br />

permitting a licensee to practice the<br />

patented invention in return for some<br />

valuable consideration. Government<br />

considerations<br />

– Can be exclusive or nonexclusive, for a specific field of use,<br />

for a special geographical area, U.S. or foreign usage (U.S.<br />

patent only effective in the U.S.)<br />

– Preference for U.S. industry and small business<br />

– Licensee must present plans to <strong>com</strong>mercialize the invention<br />

– Government retains a nonexclusive, royalty-free worldwide<br />

Government purpose license to the invention.<br />

APPROVED FOR PUBLIC RELEASE<br />

8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!