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DeletedUser2
Guest
we have licensed products out, and are just finishing licensing a product IN.
having been on both sides of the fence, I suggest you start with Stephen Keys "one simple idea"
he is on this forum and often will respond to questions directly.
if you are putting a product out,
try to aim for non exclusivity if you can.
or make them pay for that.
always get something up front. even if its an advance against royalties.
IF your are licensing something to sell, most wont want to give you exclusivity so aim for a "ramp" period. we just got a 18 month ramp for a product, where we have a couple channels (internet, tv radio and direct mail) meaning they wont license to any new people while we ramp those channels. however we are not protected on retail wholesale or other channels.
if its an idea, a provisional patent will protect you long enough to get it to the markets and determine if its viable. if you get a licensor to take it, you can file the final patents.
go get the book, will short cut all the "what if"
having been on both sides of the fence, I suggest you start with Stephen Keys "one simple idea"
he is on this forum and often will respond to questions directly.
if you are putting a product out,
try to aim for non exclusivity if you can.
or make them pay for that.
always get something up front. even if its an advance against royalties.
IF your are licensing something to sell, most wont want to give you exclusivity so aim for a "ramp" period. we just got a 18 month ramp for a product, where we have a couple channels (internet, tv radio and direct mail) meaning they wont license to any new people while we ramp those channels. however we are not protected on retail wholesale or other channels.
if its an idea, a provisional patent will protect you long enough to get it to the markets and determine if its viable. if you get a licensor to take it, you can file the final patents.
go get the book, will short cut all the "what if"