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< 1 min reading time
What can be the best way to achieve license my patent for a retractable device to be used in the administration of solids in cavities?
source: https://www.linkedin.com/groups/78665/78665-6422826075453157376 Marked as spam
 Posted by Asked on July 11, 2018 12:00 am
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Private answer
Julie Omohundro
This is probably because too many things can go wrong between the prototyping phase and the introduction of a successful product based on your patent. For potential licensees, that's probably too much risk to be of interest.
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Private answer
Your invention is either unique, fulfills a need or both in order for its patent application to have been granted. If it fulfills a need, you are more likely to enlist the resources of a wealthy organisation willing to develop it to a market- able status. In return it would expect exclusive commercial rights to your invention plus favourable licence fees.
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