While it’s usually preferable to have an attorney draft your patent licensing agreement, it’s not always necessary. Legal-minded inventors can certainly draft their own patent license agreements with appropriate study and preparation. This article is about books and articles you...
Read MoreOnce you have created your invention, the next thought is obviously “How can I capitalize on it?” One time-tested way of doing this is licensing your invention to a retailer who will bring it to paying customers. Retailers can be...
Read MoreLicensing a tool product invention idea starts with first preparing and protecting your tool invention. 10 Steps to Licensing a Tool Invention: 1. Initial Market Research 2. Technical Drawings & Costing 3. Physical or Virtual Prototype 4. Patent Preparation and...
Read MoreIf you do not want to go through all the time and hassle of bringing an idea to market yourself, there is an alternative: license your idea to a manufacturer. In doing this, you are granting someone else the right...
Read MoreWith the energy crisis and the worldwide push to “go green”, innovation in the automotive sector is at an all time high. This puts automotive patent holders in a prime position to sell or license their patent. However, it would...
Read MoreAre you looking to license your patent? If so, these 10 Tips will help you move through the process faster and with less headaches. In this article, our founder will walk you through what patent licensing is, what it requires,...
Read MoreCreating and licensing an invention is a quest that many inventors embark upon, but few actually succeed at. In large part, this is due to the amount of misinformation and general ignorance to the crucial steps involved. Luckily, this is...
Read MoreIntellectual property rights are plainly assets. They have value, and they can be bought or sold. There are some differences, however, when comparing IPR to other types of assets. If you are a solicitor that does not regularly deal with...
Read Moreby Jean Sifleet Licensing is a key business strategy. It's a way to maximize the earnings from inventions and creative works, which are called intellectual property or "IP.". What is licensing? Licensing is when you grant some rights to intellectucal...
Read More