Tag: patent

Are You Using the Right Type of Licensing Agreement?

June 21, 20170 Comments

Just like in real estate, there are different types of licensing agreements for different types of intellectual property.  Use the right agreement and your partnership runs smoothly, but if you use the wrong one, you can wind up losing more than just your royalties. Licensing agreements create the partnership. It specifies how the partners get […]

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Why You Need a Licensing Action Plan to Make Money with Your IP

May 28, 20150 Comments

AT&T, IBM and HP have one. So does Starbucks and Disney. And they all generate millions of dollars with it.     A big roadblock for IP owners is taking the wrong actions. Many attempt to license their IP without a plan. The result is wasted time and money pursuing the wrong type of licensing […]

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How to Find New Uses for Your IP Technology

April 14, 20150 Comments

The growth in importance of IP Rights has created new, previously un-thought of ways to exploit and use it. Savvy IP owners are finding new sources of income by re-purposing their IP for use in a different industry or product application.

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How to Expand Your Business Resources Without Increasing Your Overhead

April 2, 20150 Comments

Developing and making money with your IP doesn’t mean you have to go it alone. Licensing gets you the resources you need without the added cost through a joint venture. Some examples of how to use JV’s include joint development of a new patented product from scratch, or to commercialize an IP that is acquired […]

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The True Cost of Your Patent

November 13, 20140 Comments

Not taking action with your patent will cost you over $250,000. And that’s not counting the cost of litigating any infringement. And that doesn’t begin to cover the first investment, which on average is about $150,000.00 to develop a single patentable invention.

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