Experienced Sacramento Licensing Attorney
Businesses that deal in intellectual property are constantly faced with complex transactions in connection with the creation of their intellectual property. These are transactions which when monetized are formalized in writing and can range from a simple work-for-hire agreement to a license or an asset purchase agreement. Our Sacramento licensing attorneys are experienced in connection with the acquisition, licensing and disposition of a wide range of intellectual property assets, and can offer valuable advice from the inception of discussions to the execution of the transaction.
We also counsel our clients on trademark licensing, working hand-in-hand to establish licensing programs for trademark portfolios. Our Sacramento licensing attorneys work with our clients to protect their rights, negotiate agreements and enforce licensed rights.
Leveraging Intellectual Property Through Licensing
Intellectual property assets can be leveraged to fund your business’s growth while maintaining a competitive advantage in your industry.
Sophisticated investors look for a sustainable competitive advantage when evaluating a business as a potential investment. Most of the time, sustaining a competitive advantage involves acquiring and maintaining the exclusive right to some form of intellectual property (IP), thereby keeping your competitors from being able to use it. However, permitting others to use your IP also can fuel the growth of your business. Strategic licensing of your IP can be the ultimate use of Other People’s Resources (OPR).
Intellectual property assets not only can be leveraged to sustain your competitive advantage, but also to create credibility in the industry (and with potential investors). And through strategic alliances and/or licensing, IP assets can add virtual mass and resources to your business. Your approach to making the most of your IP can be a significant factor when potential investors and/or co-venturers consider investing in your company.
Licensing Your Intellectual Property
Licensing is a powerful tool for leveraging IP assets, and you can generate significant ongoing revenue to help grow your business using it. When you “out-license” one of your IP assets, you, the “licensor,” enter into an agreement with the “licensee.” Under the agreement you grant the licensee certain rights with respect to the IP in return for some agreed-upon consideration. For example, the licensee may be permitted to use the IP in return for payment of royalties. In fact, you can often obtain huge returns on investment: The ratio of licensing income to the cost of developing the IP can sometimes be essentially infinite.
The license also may permit distribution into a geographical region or channel that you would otherwise not be able to reach; the licensing income from this becomes essentially found money. And, depending upon the circumstances, you can sometimes use the licensee’s resources and efforts to increase the value of your business — your credibility and goodwill — far beyond the royalty income generated.
In a nutshell, licensing can serve a real purpose in your efforts to fund your business. You maintain a competitive advantage while at the same time making money by permitting others to use your intellectual property.
Contact a Sacramento Licensing Attorney
We are experienced Sacramento Licensing Attorneys. We have helped many individuals and companies with their intellectual property law issues including licensing, trademarks, copyrights and intellectual property contracts. Our Sacramento Licensing attorneys can help you protect your most important assets and give you the great legal advice and strategy needed to get you the results you want. Contact us today to schedule your complimentary attorney consultation by clicking HERE or by calling 916-999-1376. We look forward to helping you with all of your Sacramento licensing needs.
