英文摘要 |
Nowadays it is necessary to place enormous investments on research and development in order to survive in a competitive global market. In most high-tech enterprises, the main capital is the fruits of their research and development activities, namely, the patent and other intellectual property rights. Patent laws confer exclusive rights on holders of patents. Patentee is entitled to prevent unauthorized use of his invention and to exploit it, inter alia, by assigning and licensing it to third parties. Patent license plays an important part in economic growth and consumer welfare. It helps to spread innovation and allows companies to offer new products and services. Licensing also strengthens incentives for research and development by creating additional revenue streams to recoup costs. This article focuses upon the legal framework of license agreement in Taiwan, following the principles set forth in civil law and Patent Act amended in 2013. Important issues including nature of license agreement, definition and contents of exclusive and non-exclusive license, rights and obligations of licensees and licensors are reviewed in detail.
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