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Profit From Your Idea

How to Make Smart Licensing Deals

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Profit From Your Idea: How to Make Smart Licensing Deals

Pub. Date: Feb 2008
Edition: 6th
Pages: 442 pp
ISBN: 9781413307634
Forms: 18 forms
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Summary & Reviews Forms Table of Contents Sample Chapter

Summary

The complete guide to licensing your idea!

Like most inventors, you dream of striking it rich -- finding a company you can trust, hashing out a fair licensing deal, watching your idea hit the marketplace and then raking in the royalties.

But where do you find the right company? And how do you draft an agreement that protects your interests? Turn to Profit From Your Idea.

This book provides the practical advice and the legal licensing language you need to turn your brainchild into a moneymaker. It helps you:

  • enter into a solid licensing agreement
  • earn money and hang on to your inventions
  • determine if an employer owns an invention
  • determine your rights
  • work with agents effectively
  • find potential licensees
  • license overseas
  • show your invention while protecting your work

The 6th edition is completely updated with current caselaw including the recent Supreme Court decision permitting challenges to a licensor’s patent.

(Note: Audio files are not included with the eBook)

Press Reviews

"Tells prospective entrepreneurs how to move an idea 'from thought to bought' -- and roughly what inventors can expect to get in a licensing deal."
Los Angeles Times
"Tells inventors everything they need to know to enter into a solid licensing agreement."
Electronics Now
"Gives detailed instructions on working with manufacturers, marketers and distributors, and addresses issues on copyright and trademark laws, ownership, finances and much more."
Baton Rouge Advocate
"Excellent..."
San Francisco Chronicle
"Offers a lot of advice. Stim covers all the essential factors in his book."
Joyce Lain Kennedy,
Syndicated Columnist
"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."
Book News
"I do believe reading this book is a very good defensive measure and highly recommend it."
George H. Morgan,
Patent Agent
"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.
Creative Media Law Group

Customer Review

Excellent guide for beginners.

R.D.O.
Coalinga, CA

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