Licensing: How to slice the pie

INTRODUCTION: Rights in intellectual property can be transferred by sale, i.e., “assignment” or by granting a limited interest, e.g., a “license” or “licensing”.  See my article on assignments.  To use the analogy of land, title or ownership can be conveyed in land via a written deed recorded with the appropriate government agency.  Similarly, a limited right to use or…

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What NOT to do before you file

Introduction This is an update of my previously published WARNING.  If you have made and innovation, you don’t want to lose the right to protect your innovation and to exploit it for possible income. The easiest way to lose your rights is to make a public disclosure of the innovation. As you probably know, the…

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FUNDING YOUR INVENTION

Introduction For many small businesses, the costs of developing their invention to a marketable stage may be one of the largest obstacles. Patenting an invention is an additional obstacle and investment.  Funding your invention can be problematic. Each funding requirement, timing and situation is different. The initial source of capital is typically from one or…

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