Price is an expression of value. It’s derived from what the IP owner believes is the economic benefit from using the intellectual property, the lack of any competitive alternatives, and the negotiating skills of the licensee and licensor. The value of your IP is what it’s economic worth (i.e. future […]
Finding the first licensing partner is challenging. They are often the most difficult to get. Sometimes you get started as a result of someone approaching you about licensing. Look for a partner in close geographic proximity so it’s easier to meet with the them. Also consider friends and family as potential candidates for your first licensee.
Education is an industry that is undergoing rapid change, especially in the Internet. Where once the intuitions were the focus of the product of education, now the teachers are becoming the product of the colleges and universities. The Internet is playing a big part in this changing role of education. […]