Profit from Your Idea: How to Make Smart Licensing Deals - Richard Stim

Profit From Your Idea is a comprehensive, easy-to-read guide to finding and negotiating licensing deals to make money from your invention. You've got a great idea that you think has commercial potential. But finding a partner you can trust, hashing out a fair licensing deal, and getting your idea to the marketplace can be tricky. Profit From Your Idea explains how to minimize risks and maximize the chances of earning a profit. This layperson's guide streamlines the licensing process, enabling inventors to make a smooth transition from innovator to licensor. In this book, learn how to: sort out ownership rights protect legal rights and trade secrets find and solicit prospective licensees work effectively with licensing agents negotiate and draft licensing agreements, and navigate post-agreement changes and issues