Exclusive vs. Non-Exclusive

So, what is the difference between an exclusive and a non-exclusive license agreement? There are several factors, but every company should consider four major differences: rights, costs, expectations, and public announcement.  

Innovation-led development is a crucial driver of economic growth, high-quality jobs, and rising standards of living. To succeed, a high-functioning innovation ecosystem must translate R&D activities into products and move technology commercialization into high-growth businesses. It is well known that federal labs play a key role in discovering and developing new ideas and new technologies; innovations that enable scientific advancements and impact the economy.

The NASA Technology Transfer program offers businesses the opportunity to license NASA-developed intellectual property (IP) for use in commercial industry. Each potential licensee must submit a license application to be considered for a license agreement. How does this process work and what potential issues should companies look out for during the application process? Let’s find out!

The typical process for licensing a technology from NASA involves 4 steps: