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June 10, 2024
Is intellectual property an asset
Intellectual property refers to things like inventions, books, logos, images, etc. that come from someone’s creativity or hard work. There are different types, including patents, trademarks, and copyrights. The value of intellectual property is recognized more and more nowadays. Our economy relies so much on new technologies, media, brands, designs, and other IP. It encourages...
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SELLING YOUR PATENT HOW MUCH YOU CAN EXPECT
Navigating the exciting yet complex process of selling your patent requires reasonable expectations of potential profits. If you have recently secured a patent, visions of million-dollar payouts may dominate your thoughts. However, while certainly possible in rare blockchain or biotech breakthroughs, most patented products sell for five to six-figure sums. The process of selling your...
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