What are the Challenges in Drafting Licensing Agreements?
Drafting a licensing agreement in catalysis involves several challenges:
1. Valuation: Determining the value of the licensed technology can be complex. 2. Scope of Rights: Clearly defining the scope to avoid future disputes. 3. Regulatory Compliance: Ensuring the agreement complies with applicable laws and regulations. 4. Dispute Resolution: Including mechanisms for resolving disputes that may arise.
