Licensing
Licensing strategies mirror the inventions themselves - they can be categorized but the details are unique. Some technologies will be licensed on a nonexclusive basis. Inventions that require significant investment of resources by a company are typically licensed on an exclusive basis. The exclusive license provides an incentive to the licensee to commit capital investments required for product development.
Part of developing a license strategy involves seeking information and feedback on market risk from various sources such as potential licensees and venture capital firms but the most important source of information is usually the inventor herself. Your participation is crucial.
