Home > Terms > English, UK (UE) > Compulsory licencing
Compulsory licencing
For patents: when the authorities licence companies or individuals other than the patent owner to use the rights of the patent to make, use, sell or import a product under patent (i.e. a patented product or a product made by a patented process) without the permission of the patent owner. Allowed under the WTOs TRIPS (intellectual property) Agreement provided certain procedures and conditions are fulfilled.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International trade
- Organization: WTO
- Product:
- Acronym-Abbreviation:
Other Languages:
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