Exploiting intellectual property rights
Exploiting intellectual property rights

The following IP guidance note provides comprehensive and up to date legal information covering:

  • Exploiting intellectual property rights
  • Exploitation—sale or licence
  • Sale—main agreement terms
  • Licence—main agreement terms
  • Royalty rates

Intellectual Property rights are only valuable if they make money for the business. Even if they are used in the business, a proper exploitation programme may bring additional value.

Determine where your IP rights are protected.

The first thing to remember is that IP rights are territorial. Just because you own the rights in one country does not mean you own them everywhere. Consequently you should only sell or license them where you have protected rights.

UK right Equivalent rights in other countries
Copyright Broadly equivalent protection for the most common copyright work is automatically given in most countries in the EU and the rest of the world under various treaties, but not in the US for example, where copyright needs to be registered. Some formalities may be required to enforce these in some territories. See Practice Note: Copyright in 20 jurisdictions worldwide.
Database rights Protected throughout EU. Other countries outside the EU may only protect a database as a copyright work.
Registered Designs These need to be registered as a registered Community design for protection across EU. Otherwise, there is limited protection