Licensing IP Can Open New Markets for Your San Diego Business

Licensing IP Can Open New Markets for Your San Diego Business

Are you searching for new ways to leverage your company’s Intellectual Property or IP to increase revenues and reach new geographical or vertical markets?  Licensing IP can open new markets for your San Diego business saving you time and substantial investment.

One of the best strategies for companies with intellectual property or IP such as established branding, inventions, processes and products is to license the use of their product, brand or process in different niches and geographical regions across the US and around the world.  Intellectual property licensing will open new markets and opportunity for your San Diego business.

IP Can Be Licensed by Agreement In Markets Across the US and Around the World

Your company’s IP can be licensed by agreement in markets across the US and around the world.  The experienced business contract and intellectual property attorneys at the Watkins Firm will work with you to develop your ideas, and ensure they are protected through the appropriate copyright, trademark or registration process.  We will develop licensing agreements that allow others to leverage your assets in their own markets regionally or globally.

IP licensing agreements can be exclusive or non-exclusive, limited or perpetual, and structured in a manner which ensures you maintain control over the intellectual property and processes your company has worked so hard to develop and brand.  Licensing IP can open new markets for your San Diego business in vertical markets or geographical regions you may not be prepared to pursue at this point.

What Are the Risks of Licensing IP?

One of the risks of intellectual property is unauthorized use or under-reporting of income by those who license your IP.  Our attorneys develop agreements that ensure fair payment and transparent, accurate reporting to ensure maximum return on your licensing agreements.  IP infringement is another risk in these scenarios.  We defend the infringement of our client’s IP and work to protect the integrity of the trademark, copyright, logo or patent to ensure long term viability and protect the legal status of your licensed IP.  This extends to the complex and diverse nature of intellectual property including everything from software, original works of literature, music or art, logos, and brand names to slogans and trademarks, processes and products.

Let Us Show You How Licensing IP Can Open New Markets for Your San Diego Business

The experienced San Diego business attorneys at the Watkins Firm create licensing agreements that prevent misunderstanding and business disputes.  Our attorneys craft licensing agreements that clearly establish the geographical and/or vertical market boundaries associated with the specific licensing agreement to prevent “poaching” or competing with your own licensee.  You want to make sure your IP is used in a consistent manner, and not diminished by abuse or using the licensed intellectual property in a profane or inappropriate manner.  The success of the licensing agreement is strongly associated with the skill and persistent actions of the licensee.  What happens if the licensee doesn’t perform well?  Our licensing agreements usually provide minimum royalties and trigger clauses that allow you to terminate an unsuccessful licensing relationship.

San Diego business owners may not realize how much licensing can open new markets and opportunity for your company.  Let us show you how licensing IP can open new markets for your San Diego business. We invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.

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