Hammerforce’s partnership approach, licensing agreements and remuneration.
A rewarding journey
Our partnerships are as unique as our technology. Unlike traditional, transactional IP agreements, Hammerforce shares the entire journey with our partner, from collaboration to implementation to sharing value.
We work together to use our IP to solve a problem, and then create commercial advantages from the solution. Our typical engagement model comprises:
Our typical engagement model
Working together to create a well-defined scope of how the IP can transform our partner’s process, and then agree on a path to collaboration and commercialisation.
Collaboration and commercialisation
Creating a cross-party team to develop a business case and develop and implement a plan to bring the products to market.
Ownership of IP
Agreeing on the ownership of any new IP created during collaboration or commercialisation phases.
We’ll discuss to determine the total potential value that Hammerforce’s IP will deliver within the partner’s field of focus, and reach agreement on how this value is shared. This forms the basis of the terms of a licensing agreement.
Hammerforce licensing agreements
Partners can gain considerable commercial advantage with exclusive agreements to access our IP and knowhow.
There is an up-front licence fee for the exclusive use of the IP within the partner’s field of focus as well as ongoing royalties/annuities for the term of the agreement. There can also be buy-out options for future royalties/annuities.