Licensing is one of the ways your IU innovation can reach the world.
What is a licensing agreement?
A license agreement is a contract between IU and a company in which rights to the intellectual property are granted, without relinquishing ownership, in exchange for financial and other benefits. An invention can be licensed to multiple licensees, either nonexclusively to several companies or exclusively to several companies, each for a unique field of use (application or geography). Licensing agreements are used for both established companies or startups.