A patent earns money when someone pays to use it. We help patent owners structure, negotiate and document license agreements, and help companies license in the technology they need.
Craige Thompson has particular experience protecting and licensing complex technologies, including green technologies that improve energy efficiency. With a JD, an MBA and an engineering degree, he can speak to both the technical value and the business value of a patent.
Start with a free patent assessment. We’ll tell you honestly what makes sense for your situation, what it involves and what it would cost.
Get a Free Patent AssessmentA patent license is an agreement in which the patent owner permits someone else to make, use or sell the patented invention, usually in exchange for royalties or other payments.
An exclusive license gives one licensee the sole right to use the patent (often within a field or territory), and can exclude even the patent owner. A non-exclusive license can be granted to many licensees at once.
Common structures include a percentage of sales, a fixed fee per unit, an upfront payment, milestone payments, or a combination. The right structure depends on the market and the value of the patent.
Yes. Patent-pending technology can be licensed, often with terms that adjust once the patent issues.
License agreements carry long-term consequences for your rights and revenue. Having an attorney who understands both the patent and the business terms helps you avoid costly mistakes.
