For many startups, going all the way from IP development to market launch is often capital intensive. Many times funding is hard to get because of the high costs and risks involved. That’s where the licensing route is one of best strategies to use.
Money is often perceived as a big challenge to making money with IP. Most IP owners assume they need to money to finish developing their IP, get the rights registered […]
Finding out if your new invention or technology will sell can be time consuming and expensive. But you don’t have to do it yourself. You can use licensing to tap OPR – other peoples resources.
An often overlooked way to use licensing is for intellectual property development. This is an ideal strategy if you don’t have the the money or manpower to fully develop your IP into a commercial ready product or technology.