The real value of your business IP is the way in which you can use it as an integral part of your business strategies. LCG provides you with expert advice, guidance, and insight to get the highest value from your intellectual property. We help your company understand, manage, and use your IP for maximum value.
Revenue generated from the licensing of intellectual property (IP) is one of the most significant and fastest growing sources of business earnings today. Licensing provides a low-risk way to capitalize on your intellectual property assets. Investing in a licensing program is a small cost compared to the high cost of commercializing it directly.
Licensing Consulting Group is at the forefront of the new economy and the global intellectual property marketplace. Our approach focuses on the business side of IP. We combine business acumen with IP knowledge to offer solutions focused on business goals and objectives. Our role varies from analysis and planning the IP strategy, to implementing and actively managing the licensing program, to training and leading the internal IP team.
Licensing Consulting Group specializes on the business development side of IP. Our services focus on one goal: capitalizing on your IP to generate revenue in as many ways as possible. Our role varies from IP strategy and planning, to executing and actively managing the licensing program.
Fast-growing industries offer a great licensing opportunity. One example is the cannabis industry which is quickly growing as states legalize recreational and medical use. To meet the skyrocketing demand, companies are scrambling to find new technologies for production and delivery of cannabis in all forms from medicinal purposes to edible products.
What happens if your company is growing so fast it can’t keep up with demand? For many companies, they wind up going out of business as they lose frustrated customers because they’re unable to deliver products. But for smart companies they turn to licensing as a strategy to quickly scale up their business.
Recently Qualcomm announced it was taking a hit on its revenue forecast. The reason is a royalty dispute with Apple who is withholding royalty payments on its contract. At issue is the royalty rate formula that determines how much Apple owes Qualcomm for the rights to use its chips in […]