Licensing

Industry Standard Royalty Rates

Royalty Rates by Industry Which of these royalty rates applies to your product or patent? Are you interested in licensing your patent idea but aren't sure where to start? Our team created this infographic just for you. This infographic explores...

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Patent Licensing – The Ultimate Guide

Patent licensing is considered one of the most viable means of commercializing a patent. In short, a patent holder seeking to license his patent will not exploit it himself. That is, he will not try to create, market, and sell...

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Royalty Rates Made Easy – The Guide

One of the most important steps in licensing a patent or idea is establishing the royalty rate you will receive in return for granting a licensee the right to manufacture and sell your invention. In this article we will explain...

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Sample Patent Licensing Agreement

Patent licenses can seem confusing or scary. Therefore, one helpful way of clearing up the confusion is to dive right in and examine what a real, actual patent license looks like and consists of. In this article, we’ll look at...

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Standard Licensing Agreement Terms

Do you feel like you are throwing darts trying to come up with reasonable terms and performance obligations for your patent license agreement? If so, there is no need to panic. Patent licensing is an established field with standardized terms...

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Patent Licensing – Negotiations

Now that you have a patented invention and are ready to license it, you still have to contend with the thorniest obstacle of all: the patent license negotiation. This is when you and the prospective licensee hash out what you...

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The Maverick’s Do-It-Yourself Patent Licensing Library

While it’s usually preferable to have an attorney draft your 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 should...

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License an Invention to a Retailer

Once 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...

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How to License a Tool Product Invention Idea

Licensing 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...

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License Your Idea to a Manufacturer

If 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...

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