Cross Licensing: How to Build a Bigger Pie and Avoid Legal Disputes

Cross-licensing is an agreement between two or more intellectual property owners where each one grants the other rights to their intellectual property. Usually the IP that each party owns covers different aspects of a product or technology. Cross licensing is a strategy that’s used to settle patent disputes and for developing new relationships and partnerships.

A Low Cost Way to License High Priced IP

Obtaining a license for an intellectual property such as a popular character can sometimes be an expensive process. If you lack the financial resources or the qualifications, there is another option you can use to get rights to that IP.