It is not unusual that patents that were formerly obtained become no longer necessary during the course of business. However, it is still possible to create new monetary value out of these patents through licensing and patent sales, which patents would otherwise only require maintenance costs.
For instance, it is not easy for companies considering the possibilities of entering existing businesses to obtain new patents in fields that have been already developed. Needs for licensing and patent sales exist in such areas.
However, several obstacles exist:
- You don’t know to whom to promote your technologies.
- You don’t understand the value of your own patents, thus don’t know how to set the appropriate price.
- Your company is disclosing patents for charge, but it does not lead to successful licensing or sales.
The reality is that there aren’t many cases where obtaining patents or even disclosing patents to database lead to an actual licensing/sales agreement.
In order to get most desirable profits through licensing and patent sales, we believe it important to conduct effective analysis and take proactive actions.
Our multifaceted support for licensing and patent sales
Our patent attorneys can propose the most appropriate ways to utilize your patents, tailored to the needs of each client.
①Provide an expert opinion on the value of patents
We will provide an expert opinion on technological value of the patents and calculate their appropriate market value.
②Develop a strategy tailored to each case
We will determine and propose the most appropriate strategy from among patent sales, licensing, and licensing with a patent licensing clause, based on hearings on intended use and current business situation.
③ Propose appropriate parties to propose a licensing and sales agreement
We will make a recommendation of companies to which you could effectively propose a sales or licensing agreement, based on the technical expert opinion on your patents.
We will propose specific solutions to help you gain profits through licensing and patent sales.