Practical Suggestions on the Sale of Patents: With Forms of Assignment; License, Contract, Power of Attorney to Sell Rights, &C. Many of Them Original (Classic Reprint) - Softcover

William Edgar Simonds

 
9781330648919: Practical Suggestions on the Sale of Patents: With Forms of Assignment; License, Contract, Power of Attorney to Sell Rights, &C. Many of Them Original (Classic Reprint)

Synopsis

This book is an instructive guide on the business of marketing and selling patented inventions. It was written by an author with years of experience and it explores the complicated process of marketing an innovative product. First, the author discusses the importance of constructing working models and samples to demonstrate the product effectively so that the concept and its application can be easily understood by the audience, which is often a deciding factor for success. Next, it analyzes determining the production cost, profit, and market size to determine the appropriate pricing strategy. The value of patent protection, including territorial rights, shop rights, and royalty agreements, is also given considerable attention. This book provides a comprehensive and practical guide covering every aspect of marketing inventions, making it a valuable resource.

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