As the ULR product becomes accepted, will ULR contracts supplant in-house licensing?
No. In-house licensing will continue to comprise the primary form of corporate technology transfer into the foreseeable future. However, for certain types of IP the ULR contract approach represents an important innovation for the corporate community, one that will complement in-house licensing programs and whose efficiencies and cost savings will allow for a net increase in amount of IP that companies bring to market.
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