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The Law Offices of Andrew Y. Schroeder (805) 541-5575 |
Licensing
Patents, Trademarks, and Copyrights may be licensed for lucrative royalties. To profit from your Patent, Trademark, or Copyright you might consider allowing others to do the marketing for you in exchange for royalties.
A licensing agreement is essentially a contract which basically says that you will not sue the licensee for utilizing your Intellectual Property. Licensing agreements come in many different flavors and should be custom-tailored to take care of the concerns of all parties involved.
The Information & Technology Age
Nowadays, in the Information and Techology Age, the licensing of Intellectual Property has become a formidable revenue stream for high-tech firms. Both Texas Instruments and IBM reap over $1 billion each fiscal year.
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Copyright 2005 Andrew Y. Schroeder, Esq.. All rights reserved. |
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