A ________ is an agreement that a technology licensee will transfer to the licensor any improvements, inventions, or know-how it acquires while using the technology.
A) noncompetition clause
B) grant-back provision
C) tying clause
D) cartel

Question

Quizplus · Accepted Answer

A grant-back provision is an agreement in which a technology licensee agrees to transfer any improvements, inventions, or know-how it acquires while using the technology back to the licensor. This is often done in order to ensure that the licensor has access to any future developments related to the technology.

A ________ Is an Agreement That a Technology Licensee Will