Licensing 101 — Turning Intellectual Property Into Revenue
By Gary N. Lipson, Esq. | Law Office of Gary Lipson, LLC
Intellectual property can be an income stream, not just a cost. Set scope, field of use, reporting, and termination rights clearly, choose a royalty model that matches the market, and plan for audits. With the right structure, SMBs unlock revenue from technology and know-how they already possess.
