Selling Patent Licensing

Selling a Patent  October 7, 2008 – 06:15 pm
Patent licensing is considered

Learning To Sell Your Patent

So, you have ensured that your intellectual property is securely yours by getting a patent- NOW WHAT?

Often inventors patent their intellectual property and then are stuck on how to go about selling or licensing it. Is this you? Good news, I have some ways to help get you out of the waiting stage and on to the moving along stage.

Here is a quick lesson in sales, marketing, and advertising important for inventors:

Lesson One: Appearance
By now you should have not only a patent, but also a working prototype or at least a great drawing. Keep in mind, people interested in buying your patent will not only want to read your full patent (pages and pages of legal jargon and small print), they will want to see it packaged in a manner that makes it worth buying.

What I may consider basic, some people may not be aware of how these things can affect their sale or non-sale of their patent. Appearance is crucial in the business world. People say they don’t judge others based on appearance, but let me be the bearer of bad news: THEY DO! You and your patent material need to be dressed as nicely as the amount of money you want to sell it for. If you are looking to sell the patent for a dollar then feel free to dress it like something off of a dollar menu at your local fast food restaurant.

Source: Idea Buyer > Selling a Patent, Licensing a Patent, Patent Licensing, New Ideas

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Third World Rollback
from the book
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However, it is inaccurate to attribute thi...interests became standardized for the Third World. In the case of nations to be rolled back (e.g., Nicaragua), governments were called terrorist and the insurgents were labeled democratic. In the case of countries to be supported against 'communist' insurgencies (e.g., El Salvador and the Philippines), the governments were called democratic and the insurgents were labeled terrorists.
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