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Commercialization
Commercialization of a patent owner’s rights
encompasses licensing and many other means for generating revenue from
the patent asset.
Direct Manufacturing. Another means by which an individual
inventor may profit from his invention is to take it directly to the
market in the same manner that small and large businesses do. In
today’s age of fast global communications and the low cost of early
manufacturing, an individual should investigate obtaining product
samples or small inventories, often through international
manufacturers. Dale has a host of connections with which he helps
inventors obtain prototypes, product samples, and product inventories
along with starting websites to sell directly to the consuming
public. With Ream Law, the individual inventor is not alone in
navigating the development highway.
Patent Purchase. Sometimes a patent may be purchased
outright because it is so similar to a new product being readied for
market by another company. Dale has brokered the outright sale of a
client’s patent when neither licensing nor direct manufacturing was
possible. In each instance, the patent sale was pursued
after other avenues of commercialization undertaken by the inventor had
proven unsuccessful.
Patent Monetization. In recent times, patents are being increasing monetized by being purchased by entities who create large patent portfolios in
order to bring new innovations to market that may otherwise infringe
one or more patents. Dale is on the cutting edge of this rising
phenomenon and continues to increase his networking connections in this
area for his clients benefit. |
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