Technology Transfer Contracts

The region’s technology polarization has been pioneered by Saudi Arabians

The Kingdom of Saudi Arabia has long taken care of intellectual property. It is widely popular in society, especially copyright and trademarks. The frequency of popular art is the names of those who memorize poems about them down to the author. The narrator loses his social value and credibility if he is known to increase and modify novels, and others make the plot and method of offering and transportation his own advantage.

As for the trademarks, their practice took place widely among artisans, present and nomadic, distinguished craftsmen have traditionally inscribed on their artisanal works such as Dalal al-Baghadid, which moved to Hail as one of the earliest practices for the decades of technology transfer, in the mid-13th century in the Hijri calendar.

This technique of technology transfer is called the formal method where technological owners and skilled crafts are attracted by providing the facilities they need to start a business. There is no doubt that history repeats itself. The Saudi government opens its doors to attract technologists and foreign investors through the initiative to move regional headquarters to Riyadh.

The most significant technologies that have been transferred

Building and Architecture Techniques

Al-Arifi, one of the historians of our time, states that one of the best craftsmen who moved from Najaf in Iraq to Hail during the period of economic reforms at the time was a person named Abboud Shukar al-Mashhadi, an architect who contributed to the development of architecture art and who came with the technique of manual plaster inscription, which was unknown in the region at the time. This architectural technique has remained popular for home decoration in Hail and Abud, and his colleagues’ transition has contributed to the evolution of architectural methods until they reach their current status.

Manufacturing Saudi Coffee Utensils

T Iraq has become well known in the Baghdadi Dilal industry, which is the vessel where coffee is produced and made of copper, and it has a distinctive form. After attracting the people of Najaf following the economic reforms at the time, the craftsmen moved the craft of cafe pots with them to be made in Hail after they were imported from Iraq. This step has become the nucleus of the presence of the first factory in the Middle East to make a pamper and is located in Hail.
The economic system created by Najaf’s people is undoubtedly unique and has impacted society’s development.

Oil exploration techniques.

Since the discovery of oil, technology transport transactions have moved on a higher level, with the creation of a company named California Arabian Standard Oil Company (CASOC) to manage this concession agreement between the Saudi government and Standard Oil of California (SOCAL). CASOC`s name was then converted into Aramco in 1949, where the government pursued a joint venture approach to attract oil well exploration technology until the company’s full ownership was transferred to the Saudi government by 1980.

Technology Transfer Contracts in Saudi Law

The definition of a technology transfer contract is when a technician agrees to transfer their technology in order to receive financial compensation. Technology transfer can take place through different methods such as technology transfer licensing agreements, mere waiver of intellectual property rights, advisory support, training and education, or the supply of raw materials and many other ways in which a particular technical mechanism is transferred from one geographical region to another. Joint venture agreements will be considered as part of the technology transfer classification by the Organization for the Protection of Intellectual Property (WIPO).

How the Attorneys at Khalaf Bandar Law Firm Can Help

Based on the foregoing, it is clear to you that the contracts for the transfer of technology are a broad title with many types of contracts that have unique legal characteristics. It is obvious that the diversity of these contracts did not come by accident, although their main purpose is to transfer certain technologies from one person to another. The appropriate method or method to this end is determined by the transfer of this technology. The Copyright Act and the Saudi Civil Code have made technology transfers more precise and structured, and each stage has specific legal obligations.

The lawyer Khalaf Bandar Khalaf has the privilege of familiarizing himself with technology transfer contracts and his experience in contract drafting. Therefore, he can provide direct legal support to technological owners in order to facilitate the transfer of their technologies to the Kingdom and start operating according to the distinct and varied solutions based on the client’s objectives and ambitions.

Whether you are in Saudi Arabia or outside Saudi Arabia and want to transfer your technology to Saudi Arabia, contact us now and book your consultation.