The First Pass Checklist is essentially a tickle list to make sure that all high-level areas are covered during an IP due diligence process. For a much more complete guideline of the elements that should be put into a due diligence process, the below, more complete checklist is provided. It has been used [...]
For ease of use, two “check-lists” are now provided. The following is a First Pass at an IP due diligence outline. The purpose of the First Pass is to identify the key areas and topics for performing IP due diligence. The summarized elements are: I. General Company Information: Market information; product information; geographic [...]
In negotiations there is also the cultural preparation that is required. Remember that everyone is on their best behavior during the deal process so make sure that these people are ones you can work with effectively day-to-day. You also want to determine if you can set up and maintain good communications. And finally [...]
After target licensors have been identified, the organization should prepare proposal binders customized to the technology or intellectual property to be licensed from the target license or. The proposal binders may include the following sections: a brief description of the organization and its licensing initiative; a high-level description of technology and/or intellectual property [...]
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