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.
Many IP owners often think of licensing to one partner for all markets as the licensing strategy. But that usually leaves money on the table, especially if your IP is adaptable to different types of industries and markets. In the business world, the vertical business model means focusing or going […]
If you’re stuck trying to compete in a commodity market, your sales can quickly decline in a pricing race to the bottom. But there’s a better way to compete in a commodity market. Licensing a well-known brand sets your commodity product apart from the competition and enables you to stop […]
Many IP owners focus on getting the highest royalties or the most significant money for their IP. But that may be the wrong approach for your licensing strategy. Understanding which focus is best for licensing your IP, royalty or marketing, makes a difference in the ultimate success of your licensing […]