Profit from Your Idea: How to Make Smart Licensing Deals

All you need to protect and profit from your invention

You’ve got a great idea and you’re ready to strike it rich. Now, you need to find a company or partner you can trust, hash out a fair licensing deal, and get your idea to the marketplace.

Profit From Your Idea will help you negotiate and draft a licensing agreement that protects your interests and maximizes your chances of earning a profit. With this all-in-one guide you’ll understand how to:

•  navigate the licensing landscape

•  protect your intellectual property rights

•  sort out ownership rights

•  work with licensing agents

•  protect confidential information

•  find and pitch to potential licensees

•  license overseas

•  disclose your invention safely, and

•  negotiate a winning license agreement.

The 11th edition covers the latest developments in licensing law and patent filing rules, and discusses new tools to help you research the market for your invention and identify potential licensees.

Attorney Richard Stim specializes in small business, copyright, patents, and trademark issues. He is the author of many Nolo books, including Music Law: How to Run Your Band's Business, Patent, Copyright & Trademark: An Intellectual Property Desk Reference,. and Profit From Your Idea. Stim regularly answers readers' intellectual property questions at Dear Rich: An Intellectual Property Blog.