The first step to making big bucks from your IP is to obtain the appropriate protection. Once that’s done, it’s time to reap the rewards from your hard work and sheer brilliance.
And remember: none of this information should be construed as legal advice. Always seek out a qualified professional in relation to your own circumstances.
1. Questions, questions, questions
There’s no right or wrong method to commercialise your IP. However, the route you choose must account for your individual circumstances. Before you embark upon a path, ask yourself some, if not all, of the following questions:
* Do you want to fly solo with commercialising your IP? Do you have the finances to do so? If not, then you’ll need to consider finding a source of finance.
To read the full, original article click on this link: Five ways to commercialise your intellectual property (and make the big bucks) - Anthill Magazine
Author: Devita Pathi