Posted by Robb Evans on Thursday, December 26, 2019 at 9:21 AM
There are many ways an inventor can bring their product to market. Some choose to create a company around their product and sell it directly, some sell it to a company to take over the production process for them, and others license their patent. In this blog post, we will discuss what licensing is and what an inventor needs to know about licensing benefits, contracts, and financial opportunity.
Patent Licensing and Its Benefits
Patent licensing is where you license your patented product to a company …