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Technology Contracts

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Chapter Summary

This chapter on technology contracts contains several articles concerning general provisions, technology development contracts, technology transfer contracts and technical service contracts. A technology contract refers to a contract concluded by the parties for the purpose of establishing their rights and obligations concerning the development, transfer or service of technology. Technology development contracts shall include commissioned development contracts and cooperative development contracts. Technology transfer contracts shall include contracts for transfer of patent rights, the transfer of the right to apply for patents, the transfer of technical know-how and the licensing of patent exploitation. A technical service contract refers to a contract by which the contractor undertakes to use his technical expertise to solve specific technical problems for the client and the client pays remuneration therefore.

Keywords: technical service contracts; technology development contracts; technology transfer contracts



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