Minimal Risk: Licensees will be responsible for manufacturing

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Marketing, and distributing products, reducing the patent holder's exposure to operational risks. Market Expansion : Licensing enables patent holders to enter new markets or industries where they may lack the resources or expertise to independently commercialize their technology. CONS: Negotiation Complexity: Licensing agreements require negotiations regarding issues such as royalty rates, territory, exclusivity, and sublicensing rights, which can be complex and time-consuming.

Infringement Risk: Licensees may violate contract terms or infringe patents, which could create legal disputes and challenges that could strain relationships and undermine revenue streams. Limited Control: Patent holders canadian phone number list for whatsapp gain control over how their technology is used, which could dilute the brand's reputation or cannibalize existing product lines.



Selling Patents Selling patents that transfer ownership of intellectual property rights to another party in exchange for a lump sum payment. This approach provides an immediate inflow of capital but loses future revenue potential. Pros: Capital Infusion: Selling patents can inject much-needed capital into the business, which can be used to fund R&D initiatives, expand operations, or pay down debt.