License Your Invention : Sell Your Idea & Protect Your Rights With a Solid Contract (License Your Invention) - Softcover

Richard Stim

9781413300567: License Your Invention : Sell Your Idea & Protect Your Rights With a Solid Contract (License Your Invention)

Softcover

ISBN 10: 1413300561 ISBN 13: 9781413300567

Publisher: NOLO, 2004

Like most inventors, you dream of striking it rich – finding a company you can trust, hashing out a fair licensing deal, watching your idea hit the marketplace and then raking in the profits. But where do you find the right company? And how do you draft an agreement that will protect your interests?

License Your Invention provides both the practical marketing advice and the legal licensing language you need to turn your invention into a moneymaker.

Step by step, this book explains the key elements in a licensing agreement, from advances and royalties to the length of an agreement. It also explains complex concepts such as warranties, indemnity and reservation of rights – all in plain English. Learn how to:

*understand the licensing process *determine your ownership rights *work with agents effectively *find potential licensors *show your invention while protecting your work *negotiate a fair licensing deal *draft your own comprehensive licensing agreement *understand, review and negotiate changes

The completely updated 4th edition provides a new section on international licensing and expanded information on invention ownership rights for university and government employees.

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About the Author:

Rich Stim is a graduate of the University of San Francisco School of Law where he studied intellectual property law. He practices law in San Francisco, specializing in intellectual property and licensing and is an adjunct professor at San Francisco State University. He is the author of Music Law: How to Run Your Band's Business, License Your Invention and Getting Permission: How to License and Clear Copyrighted Materials Online & Off (all published by Nolo); as well as Intellectual Property: Patents, Trademarks & Copyrights (West).

Review:

Gives detailed instructions on working with manufacturers, marketers, distributors,addresses issues on copyright, trademark laws, ownership, finances and much more. -- Baton Rouge Advocate

Tells inventors everything they need to know to enter into a solid licensing agreement. -- Electronics Now

This book is a tremendous asset for an inventor with the desire and inclination to do it yourself. -- Greg S. Weber, Esq.-Creative Media Law Group

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