Honeywell Intellectual Property International

What is Technology Licensing?

How technology licensing works
A technology licensing agreement grants a licensee the right to utilize specific technologies, patents, software, know-how or product designs. In a typical technology license agreement, a running royalty fee based on licensed product sales revenue is paid to the licensor on a periodic basis.

Benefits of technology licensing
 
Shorten product development time
 Gain entry into otherwise protected industries
 Enhance quality of products and processes
 Build competitive advantage
 Increase sales revenue
 Expands existing business capabilities

Featured Technology
Featured TechnologyHoneywell has extensive experience in managing water resources and has developed complete systems for treatment and re-use of process water via a closed loop or near-zero discharge system. These advanced systems utilize the innovative Immobilized Cell...
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