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But simply owning intellectual property is no guarantee of success this is especially true among technology based industries in which technology developers need to find the most effective ways to leverage their intellectual property and technology users need to understand how to most effectively obtain the intellectual property they need. Find helpful customer reviews and review ratings for how to license technology intellectual property library at amazoncom read honest and unbiased product reviews from our users. Licensing intellectual property do your research when developing a product software or service the first step is to make sure no own else already owns the rights to it. An introduction to successful technology licensing may be summarized by six fun damental and simple ideas first technology licensing only oc curs when one of the parties owns valuable intangible assets known as intellectual property ip and because of that ownership has the legal right to prevent the other party from using it a li