What is a Royalty? Royalties are payments made by the licensee to the licensor for the right to use the asset patented by the licensor. Normally, royalties have an agreed upon price beforehand which are based on percentage of gross, net revenues, or fixed price per unit, and the right to collect future royalty payment. A […]
Month: October 2015
Protecting Your Intellectual Property
Importance of Protecting Your Ideas Companies depend on the next big idea being the one that will skyrocket their company. At the very minimum, ideas are a vital tool in running an intriguing company. Venture capitalists take a more keen interest in startup companies that have a plan for success. That includes ideas that show […]
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