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Common Practices in Patent Monetization

In: Fundamentals of Patenting and Licensing for Scientists and Engineers

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  • Matthew Y Ma

Abstract

Patent sales, licensing and technology transfer are common ways of monetizing a patent asset. Monetization involves a completely different industry than that of patent creation, i.e., patent filing and prosecution. Patent filing and prosecution are usually handled by patent attorneys and patent agents who work with the Patent Office, whereas patent sales and licensing are usually handled by patent brokerage firms or by patent owners themselves, who work with buyers in the marketplace. This chapter is intended to expose you to some common practices in patent transactions and to a broader perspective in dealing with patents at different stages.

Suggested Citation

  • Matthew Y Ma, 2015. "Common Practices in Patent Monetization," World Scientific Book Chapters, in: Fundamentals of Patenting and Licensing for Scientists and Engineers, chapter 12, pages 236-248, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814452540_0012
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    Cited by:

    1. Eileen Appelbaum, 2017. "Domestic Outsourcing, Rent Seeking, and Increasing Inequality," Review of Radical Political Economics, Union for Radical Political Economics, vol. 49(4), pages 513-528, December.

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