The Legal Protection in The Use of Authentic Deeds in The Patent License Agreements

This research examines the urgency of incorporating authentic deeds in patent licensing agreements and formulating such documents to establish legal safeguards that enhance the effectiveness of patent licensing ventures. This study employed a normative juridical approach with analytical descriptive methods. The results showed that the integration of authentic deeds in patent licensing agreements ensures legal certainty for the involved parties, as these deeds serve as conclusive evidence to validate legal actions taken by the parties. Furthermore, authentic deeds act as a deterrent against bad faith actions by preventing parties from disavowing the agreement's contents. Additionally, there are no specific government-mandated formulations for patent licensing agreements. To achieve optimal legal protection, the formulation of an authentic deed in a patent license agreement should encompass aspects such as license exclusivity, limitations on patent usage, annual patent fees, information disclosure clauses, the equilibrium of patent use, sanctions, and dispute resolution.

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Publication Details

Journal
Alauddin Law Development Journal
Published
2024-08-31
DOI
https://doi.org/10.24252/aldev.v6i2.44063
Primary Topic
Intellectual Property and Patents
Type
article
Field-Weighted Citation Impact
0.00
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article

The Legal Protection in The Use of Authentic Deeds in The Patent License Agreements

Elisatris Gultom, Ranti Fauza Mayana, Silvia Sofiatunnisa Mulyana
Alauddin Law Development Journal
Intellectual Property and Patents
article

The Legal Protection in The Use of Authentic Deeds in The Patent License Agreements

Elisatris Gultom, Ranti Fauza Mayana, Silvia Sofiatunnisa Mulyana
article en

Abstract

This research examines the urgency of incorporating authentic deeds in patent licensing agreements and formulating such documents to establish legal safeguards that enhance the effectiveness of patent licensing ventures. This study employed a normative juridical approach with analytical descriptive methods. The results showed that the integration of authentic deeds in patent licensing agreements ensures legal certainty for the involved parties, as these deeds serve as conclusive evidence to validate legal actions taken by the parties. Furthermore, authentic deeds act as a deterrent against bad faith actions by preventing parties from disavowing the agreement's contents. Additionally, there are no specific government-mandated formulations for patent licensing agreements. To achieve optimal legal protection, the formulation of an authentic deed in a patent license agreement should encompass aspects such as license exclusivity, limitations on patent usage, annual patent fees, information disclosure clauses, the equilibrium of patent use, sanctions, and dispute resolution.

Alauddin Law Development JournalVol. 6(2)
Padjadjaran University (ID)
Openalex Percentile: Top 75%
Intellectual Property and Patents
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The Legal Protection in The Use of Authentic Deeds in The Patent License Agreements — Elisatris Gultom, Ranti Fauza Mayana, et al. · Alauddin Law Development Journal (2024) | TGRS Research Map | TGRS