Commercialization of the IP and IT Assets is a kind of exploration of the new focus upon the finding out new class of IP Assets which can be sourced for new revenue points. For instance companies trying to expand their intellectual property licensing programs are turning their focus from patents to internal software intellectual property. Many companies spend billions each year developing software for internal use. These companies realize that the software they build for running their businesses is valuable IP and can be licensed to other companies.
But it is equally important for such companies to identify the best vehicle to license their IP Assets as a part of commercialization. If your company needs to commercialize the internal software your developed for exclusive use, the vehicles can be End User Agreement or Spin out/ Joint Venture Agreement or Distribution Agreement. Each of them shall have its pros and cons. It is our expertise for you to have a "Minimum risk- Maximum out put" strategy for the Commercialization of IP Assets.
Technology developed or invented by an inventor or a company can legally protected by Biz and Legis intellectual property attorneys.