Understanding Patent Licence Agreements in Singapore – A Legal Guide
By Ronald JJ Wong and Stuart Peter
This article serves as a guide for businesses and legal practitioners navigating the complexities of patent licensing governed by Singapore law. As Singapore continues to strengthen its position as a premier global intellectual property hub, understanding the strategic deployment of patent rights is essential for patent commercialisation.
In this guide, we provide an interpretation of the legal considerations involved in drafting, negotiating, and entering into patent licence agreements. It addresses critical aspects of the licensing lifecycle, including formalities for a valid and enforceable patent licence in Singapore, and common provisions found in patent licences, such as payment terms, risk allocation, and assignments.
Whether you are a licensor seeking to retain ownership while generating diverse revenue streams, or a licensee aiming to secure rights for your next market expansion, this guide offers the legal clarity required to mitigate risk and maximise value.
View and download the guide here.
This guide is reproduced from Thomson Reuters, Practical Law UK Practice Note w-048-5932 with the permission of the publishers. For further information, visit practicallaw.com. This guide is for general information only and does not constitute legal advice.
If you or your business is seeking to protect or commercialise your intellectual property rights, our team is available to assist you.
Ronald JJ Wong
Deputy Managing Director
Stuart Peter
Associate Director
James Tan
Counsel
