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LES 100 is the introductory course in the Licensing Executives Society’s Intellectual Asset Management Series. It is designed for those who are relatively new to licensing. The course provides attendees with an overview of intellectual property and licensing, divided into five modules, with examples, exercises, and interaction between instructors and fellow students including a mock licensing negotiation.
LES 100 Vienna 2024
An overview of IP and IP Licensing, divided into five Modules, with examples, exercises and interaction between instructors and fellow students in each Module:
Module 1: Introduction & IP Basics: This Module introduces, defines and gives examples of the different types of IP including patents, trademarks, copyright, designs and trade secrets in the context of commercialisation.
Module 2: Basics of IP Commercialisation & Licensing: Introduction to Licensing, including reasons for licensing, description of licensing agreements, infringement, competition law, and relationship–building
Module 3: Determining Reasonable Licence Fees & Royalty Rates: This Module talks about risks and rewards, different valuation methods (Market, Financial, Cost) and their pros and cons, together with royalty structures.
Module 4: Managing Risks: Identify the different kinds of risk and how to manage them, i.e. confidentiality, infringement, liability, collection of royalties and other fees.
LES 100 Vienna 2024
The course is designed for inventors, business people involved in IP exploitation, legal advisors, students, academics, licensing and technology transfer professionals, etc
• SMEs who require an introduction to licensing Intellectual Property (IP),
• Those who are new to or considering a career in licensing and technology transfer,
• Lawyers and Patent and Trade Mark Attorneys looking for greater familiarity with the business of IP licensing,
• Entrepreneurs who need to understand the value of their IP,
• Technologists who want to understand how to identify and monetise IP,
• Those working in university technology transfer, and
• Students interested in learning the basics of IP and how to commercialise IP through licensing.
The course is designed to run over one full day or, alternatively, two half days.
Instructors
As with all LES courses, LES 100 is designed to be delivered by LES volunteers who are active practitioners in their fields. There is a list of qualified instructors available at the LESI Education committee.
Contact point
Member societies that are interested in hosting/offering the course must please contact the LESI Education Committee or staff for discussion.
LESI Education Committee Co-Chair:
Danie Dohmen, LES South Africa, danie.dohmen@adams.africa
Karin Hofmann, LES Austria, karin.hofmann@tuwien.ac.at
LESI Executive Director:
Dana Robert Colarulli, dana@lesi.org
