How to Make Smart Licensing Deals

Book - 2017
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Stim, an intellectual property attorney and author, explains how to make licensing deals for inventions. He addresses ownership rights, including determining legal rights and protecting them under patent, trade secret, and copyright laws; soliciting licenses and dealing with agents, finding and soliciting prospective licensees, and protecting trade secrets during the solicitation and negotiation process; the license agreement, including its elements, how to keep information confidential, money aspects, the negotiation process, and drafting the licensing agreement oneself; and dealing with licensee changes to the agreement and issues that might come up after signing it. This edition has been updated with current licensing law and patent rules and covers the implications of the Defend Trade Secrets Act of 2016. Annotation ©2017 Ringgold, Inc., Portland, OR (

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Everything you need to license your invention

You’ve got a great idea and you’re ready to strike it rich. But finding a company you can trust, hashing out a fair licensing deal, then watching your idea hit the marketplace—well, you’ll need help.

Profit From Your Idea will help you negotiate and draft a licensing agreement that best protects your interests. With this all-in-one guide you’ll understand how to:
  • navigate the licensing landscape
  • protect your intellectual property rights
  • resolve inventor-employee ownership issues
  • work with licensing agents
  • protect confidential information
  • find potential licensees
  • license overseas
  • reveal your invention safely, and
  • negotiate and update an agreement.
The 9th edition is completely updated with current licensing law and patent rules, and covers the implications of the Defend Trade Secrets Act of 2016.
Profit From Your Idea offers a step-by-step guide so inventors can minimize the risks of disclosure, hang on to their inventions, and earn money through effective licensing agreements.

Publisher: Berkeley, CA :, Nolo,, 2017
Edition: 9th edition
ISBN: 9781413324525
Characteristics: pages cm


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