How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Tina Your Own Question
Tina
Tina, Lawyer
Category: Legal
Satisfied Customers: 8775
Experience:  JD, BBA Over 25 years legal and business experience.
4460311
Type Your Legal Question Here...
Tina is online now
A new question is answered every 9 seconds

Is it possible to license technology that isn't patent

Customer Question

Hi! Is it possible to license technology that isn't patented?
Submitted: 1 year ago.
Category: Legal
Expert:  Dimitry K., Esq. replied 1 year ago.
Thank you for your question. Please permit me to assist you with your concerns. The answer is 'yes', provided that the party who is licensing the technology actually owns it. There is no obligation or duty to patent, although most companies do so as a means to protect their intellectual property. Not all such IP gets protected formally, however; trade secrets do not get patented, and IP such as food recipes also do not get protected (they are seen as trade secrets as well). Hope that helps! Sincerely, ***** *****

Related Legal Questions