License agreements have an important function for enabling technology transfer. Since…
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ii. License Contract
WIPO describes the license as “the permission by the owner of a patented invention to another person or legal entity to perform in the country and for the duration of the patent rights, one or more of the acts which are covered by the exclusive rights to the patented invention in that country…. those acts are the making or using of a product that includes the invention, the making of products by a process that includes invention or the use of the process that includes invention”(208).…
