Five Tips for Licensing Intellectual Property

Your ideas have value. And if you want to earn a living from your ideas, you need to own them and control them. If you create the next big thing, you’ll likely want to create the next, Next Big Thing. So, in order to keep creating, you need to license your ideas – your intellectual property – and let others sell it for you. But, now you have to sort out license scope, revenues, timelines, enforcement, and more. And that’s when you learn, licensing intellectual property is exactly as complex as it sounds. In this episode of JDSA’s Law Talk, attorney Colleen Frei offers Five Tips for Licensing Intellectual Property.