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.
The IP audit process creates your IP Inventory. An IP audit is the only way to keep track of your IP, correct any problems with your IP rights, and make sure it's protected. It helps you identify unused parts of your IP, find new income opportunities, and effectively manage your most valuable business assets.
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.
If you’re like many med-tech companies, you’re focused on running your business. The problem is the health care market is a moving target, and that means what exists today will be different tomorrow. Focusing on only a single “go-to-market” strategy is putting all your eggs in one basket. If you’re […]
Don’t’ let this happen to your start-up. You spend all your money on hiring the right people, developing your IP, travel to meetings, investor presentations, legal fees, prototypes, marketing, and other expenses that just pop-up. One day your accountant tells you your current cash burn rate is only enough for […]
Pivoting into a licensing strategy isn’t just for start-ups and small emerging companies. It’s a core business strategy for just about any size company in any industry. Many of the largest companies pivot to a licensing strategy as a way to continue growing their business. One example is Nokia, one […]