Profit From Your Idea: How to Make Smart Licensing Deals [NOOK Book]

Profit From Your Idea: How to Make Smart Licensing Deals

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NOOK Book (eBook - Eighth Edition)
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Overview

You've invented a great product and it's time for the next step. However, if you present an invention to a prospective buyer or licensee, it's no secret that your idea can be stolen. How can you draft an agreement that protects your interests?



Turn to Profit From Your Idea to help you create, modify and understand nondisclosure agreements specifically for inventors. In addition to providing sample agreements and practical advice, this all-in-one guide helps you:



  • understand the licensing process

  • determine ownership rights

  • work with agents effectively

  • find potential licensees

  • publicly show inventions without the risk

  • negotiate a fair licensing deal

  • draft a comprehensive licensing agreement

  • deal with international licensing



    Disclosing your invention requires a balancing act: Presenting the best aspects of your invention while protecting the confidential aspects of your work. Use Profit From Your Idea to help you effectively maintain the necessary balance and minimize the risks of disclosure. The fully updated edition comes complete with the latest licensing case law and includes brand new FAQs, many from the author's popular blog, Dear Rich: Nolo's Patent, Copyright & Trademark Blog.
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Editorial Reviews

Book News
With an array of forms on disk, in combination with the insights of intellectual property attorney Stim, inventors can hold onto the titles and profits of their inventions rather than sell out to companies.
Los Angeles Times
Tells prospective entrepreneurs how to move an idea 'from thought to bought' -- and roughly what inventors can expect to get in a licensing deal.
Electronics Now
Tells inventors everything they need to know to enter into a solid licensing agreement.
Baton Rouge Advocate
Gives detailed instructions on working with manufacturers, marketers and distributors, and addresses issues on copyright and trademark laws, ownership, finances and much more.
San Francisco Chronicle
Excellent . . .
San Francisco Chronicle
Excellent...
Baton Rouge Advocate
Gives detailed instructions on working with manufacturers, marketers and distributors, and addresses issues on copyright and trademark laws, ownership, finances and much more.
Book News
With an array of forms on disk, in combination with the insights of intellectual property attorney Stim, inventors can hold onto the titles and profits of their inventions rather than sell out to companies.
Electronics Now
Tells inventors everything they need to know to enter into a solid licensing agreement.
Los Angeles Times
Tells prospective entrepreneurs how to move an idea 'from thought to bought' -- and roughly what inventors can expect to get in a licensing deal.
Creative Media Law Group
Thorough, accurate and well presented... This book is a tremendous asset for an inventor with the desire and inclination to do it yourself.' As an intellectual property attorney specializing in licensing transactions, I have enjoyed paging through this book and brushing up on a variety of issues, and yes, even learning a thing or two!
— Greg S. Weber, Esq.
From the Publisher
“Tells inventors everything they need to know to enter into a solid licensing agreement.” Electronic News
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Product Details

  • ISBN-13: 9781413320589
  • Publisher: NOLO
  • Publication date: 8/29/2014
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition description: Eighth Edition
  • Edition number: 8
  • Pages: 432
  • File size: 6 MB

Meet the Author

Richard Stim specializes in small business, copyright, patents, and trademark issues at Nolo. He practices law in San Francisco and has represented photographers, software developers, craftspeople, publishers, musicians, and toy designers. He is the author of many books, including Music Law: How to Run Your Band's Business and Patent, Copyright & Trademark: An Intellectual Property Desk Reference. Stim regularly answers readers' intellectual property questions at Dear Rich: Nolo's Patent, Copyright & Trademark Blog.
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Table of Contents

1. Gearing Up to License Your Invention

2. Intellectual Property Protection

3. Ownership Issues for Inventor Employees

4. Invention Financing and Joint Ownership

5. Licensing Agents and Representatives

6. Soliciting Potential Licensees

7. Protecting Confidential Information

8. The Key Elements of Your Agreement

9. Money: It Matters

10. Negotiating Your Agreement

11. Sample Agreement

12. Warranties, Indemnification, and Proprietary Rights Provisions

13. Termination and Posttermination

14. Boilerplate and Standard Provisions

15. Service Provisions

16. Handling the Licensee’s Agreement

17. After You Sign the Agreement

18. Help Beyond This Book

Appendix: How to Use the Interactive Forms

Index
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