To the question of determining the price of a license to manufacture products

Authors

  • O. M. Hnennyi Dnipropetrovsk National University of Railway Transport named after Academician V. Lazaryan, Ukraine

DOI:

https://doi.org/10.15802/stp2010/13536

Keywords:

determination of the price, license, production

Abstract

The method for determination of license cost on manufacturing the industrial products on the stage of conclusion of a license contract is considered. The indicated cost is determined with the economic effect of licensee from the commercial use of an object of intellectual property being the license contract object. The license cost is determined from the condition of equality of cash flow of licensee on the variants of manufacturing the licensed products or developing the own products analogous to the licensed ones. This method is also suitable for the justification of royalty rate at the estimation of ownership rights of intellectual property.

Author Biography

O. M. Hnennyi, Dnipropetrovsk National University of Railway Transport named after Academician V. Lazaryan

O. M. Hnennyi

References

Цыбулев, П. Н. Оценка интеллектуальной собственности [Текст] : учеб. пособие / П. Н. Цыбулев. – К.: Ин-т интелект. собств. и права, 2005. – 192 с. 2. Національний стандарт №4 «Оцінка майнових прав інтелектуальної власності» [Текст] : Затв.: Постанова Кабінету Міністрів України від 03.10.2007 № 1185.

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Published

2010-02-25

How to Cite

Hnennyi, O. M. (2010). To the question of determining the price of a license to manufacture products. Science and Transport Progress, (31), 292–295. https://doi.org/10.15802/stp2010/13536

Issue

No. 31 (2010): ISSUE 31

Section

ECONOMICS AND МANAGEMENT

License

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