The two main activities necessary to create a licensing deal are finding a company interested in your IP and convincing them of the commercial value a license will give to them. The goal of your marketing is to create licensing transactions. This is done by reaching the right licensing marketplace […]
Due diligence helps you determine if your potential licensing partner has the capability, capacity and resources, such as manufacturing and distribution,in place to successfully commercialize your IP.
Today, the next big shift in wealth accumulation is underway. Wealth creation is shifting from the tangible economy (i.e plants and equipment) to the intangible economy of intellectual property. Like the shift that occurred in the Industrial Revolution, wealth will be accumulated by those with the new skills of making money with IP.
Museums use licensing to showcase their exhibits and generate revenues. Looking for a well-known, classic IP brand to license? Consider a visit to your local museum. Cezanne, Van Gogh, Renoir, are just a few of the museum “brands” you’ll find. In museum retail shops and outside retail stores, a number […]
Intellectual property is your most important business asset and is a key part of your business plan. In today’s IP centric economy, your business plan must include a strategic focus on protecting, managing and leveraging your intellectual property to build your business value and sustain your competitive advantage. Writing a […]