Commercialisation of your IP

What is the point in spending money on obtaining intellectual property rights if you are not going to make money with them? If you are making and selling the protected article, product, or software solution then your rights are serving a purpose in preventing your competitors from copying.

However you can grow new markets much faster by proactively licensing your innovation to parties in other markets and charging capital payments and royalties for the privilege of the legal monopoly. The most frequently used instrument in this strategy is the license agreement which defines the terms of the relationship including minimum performance, payments, territory and term and other aspects.

There is also a variety of other relationships which can assist the commercialization process including those with investors, joint developers, marketers and distributors and other agents. We work with an extensive range of professional associates, brokers and promoters in Australia and overseas who can help you access government grants, venture capital, and other sources of funding and assistance.

Contact IP First about the Commercialisation of your IP