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Design Licensing and Assignment

Designs are intangible assets owned by companies. Just like tangible movable or immovable assets, designs can also be made subject to transactions like sale, leasing, heritage etc. Among these transactions, licensing (lease) and transfer transactions are the ones most frequently used in the market. Licensing agreements are signed when a design application or registered design is licensed to at least one entity for use during a certain period of time, whereas transfer agreements are signed for their sale. Undoubtedly, a good strategy and implementation skills are an indispensable prerequisite for concluding license agreements or transfer agreements that will bring maximum benefit for both the design owner and the buyer or leaser.

Kordinat offers consultancy services for design licensing or transfer agreements in order to ensure that designs are licensed or sold under best possible leasing/sales conditions with maximum gain for the proprietor. Professional patent representation services are provided for recording the transactions at the Turkish Patent Institute.