Intangible assets transfer, such as patents or know- how, is a complex process, so the careful revision of the terms of the license agreement by someone with experience in technology transfer is advisable.
Prior to the acquisition or sale of technology, the prospective licensor (person or entity interested in purchasing) may perform a due diligence process with the aim of comprehensive assess the project.
During these transfer processes there may be exchange of information and sensitive material, so it is very important to establish confidentiality agreements and specific clauses in the conditions of holding and use of information and/or material.