Patent Licensing

Patent Licensing

Best way to monetize your patent is to license it.

Patents are a valuable asset whose value depends upon several factors including the qualities and representation of the claims, whether or not the invention is being used today or it will be in the future, and the size of the impinged market and its Related revenues. A thorough understanding of several factors like licenses, similar prior art, or issues with the prosecution history from a business, the legal and technical perspective will ensure that we realize the maximum and efficient value of your assets.

Licensing of patents is a standard method of monetization, but this requires careful, thorough, and precise structuring to avoid any damage to the value or loss of IP rights. There are two ways to license a patent. If your patent is being used without your permission, that is patent infringement, so you can decisively or assertively license your patent, you can enforce your patent.

If a company is not using your patent, but it makes sense for that business to take benefit of making profit of the technology your patent offers, you may then want to non-assertively license your patent or patents to the company.

After studying the patent to determine its utilization in industry, we identify specific prospective licensees, put together a marketing package for the patent that promotes its applications and technology, and present the package to pre-qualified prospects.