''In addition, cross-licensing can
provide the parties with access to other
and often new ideas, which, in turn, may
promote research and development.''

''Innovation and research and
development may play a critical role in
the decision for parties to execute
cross-licensing agreements. By executing
cross-licenses — with the outcome often
being a reduction of transaction and
production costs and the elimination or
minimization of the fear that one party
will sue the other — parties to these
agreements are free to access each other’s
ideas and designs and operate using
the other’s patents. Such access, in turn,
may permit the more efficient use of
staff, better products, and faster product
design cycles.''

http://www.thelenreid.com/resources/documents/NYLJ_0501111.pdf

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