Research on payment method of royalty for patent technology transfer
If the price, remuneration or use fee includes non-technical currency, it shall be calculated separately. The payment method of the price, remuneration or use fee of a technology contract shall be agreed upon by the parties, and may be paid in one lump sum or in one lump sum, or by installments, or by royalty payment or royalty payment with additional prepayment of the initial fee. Where it is agreed to pay the royalties, the royalties may be calculated according to a certain proportion of the product price, new output value, profit or product sales after the patent is implemented and the technical secrets are used, or by other agreed means. The proportion of royalty payment can be fixed, increasing year by year or decreasing year by year. If the parties agree to pay the use fee, they shall stipulate in the contract the method of consulting the relevant accounting accounts.