Patent Monetization Strategies: Licensing, Selling, and Enforcing Your IP
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Speaker : DEVIN MILLER
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When : Friday, September 19, 2025
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Time : 01 : 00 PM EST
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Devine Miller loves startups and small businesses!
Founder
of Miller IP Law (𝗹𝗮𝘄𝘄𝗶𝘁𝗵𝗺𝗶𝗹𝗹𝗲𝗿.𝗰𝗼𝗺) to help startups
& small businesses with patents (inventions), trademarks (brands),
& copyrights (creatives).
Devine founded his first startup while earning his Law & MBA degrees (for a total of 4 degrees). Since then, he has launched several 7 & 8-figure startups. He enjoyed every minute of helping startups & small businesses.
Patents aren’t just for protecting your inventions—they can also be valuable business tools. This webinar, “Patent Monetization Strategies: Licensing, Selling, and Enforcing Your IP,” will show you how to turn your patents into income.
There are three main ways to monetize a patent:
- Licensing: You allow others to use your patented invention in return for payment, either through royalties or a one-time fee. It’s a great way to generate ongoing income while keeping ownership of your patent.
- Selling: If you no longer need a patent or prefer a quick return, selling gives you a lump sum. You hand over ownership, but gain immediate capital.
- Enforcing: If someone uses your patent without permission, you have the right to take action. Enforcing your rights could lead to legal settlements or new licensing deals. It can be a powerful tool, but requires careful planning and legal support.
Areas Covered
- Understanding the concept and benefits of patent monetization
- Exploring different strategies: licensing, selling, and enforcement
- Identifying the best monetization approach for your patent
- Steps to create effective and fair licensing agreements
- How to sell a patent and get the best return
- Managing infringement issues through enforcement actions
- Methods to evaluate patent value and attract interest
- Key pitfalls to watch out for during deals
- Legal and strategic tips for successful negotiations
Who Should Attend
- Patent Holders
- Entrepreneurs
- Startup Founders
- Product Innovators
- Legal Professionals
- IP Consultants
- Business Development Managers
- Technology Transfer Officers
- Investors in Technology and IP
- Brand Managers
Why Should You Attend
In this webinar, we'll talk about how to approach each of these methods, how to figure out what your patent is worth, and how to handle the tricky parts of negotiations and legal battles. Knowing how to monetize your patents can help you generate revenue, make your business more attractive to investors, and give you a competitive edge in the market.
Topic Background
Patent monetization is all about finding ways to make money from your patents. Patents are great for protecting your inventions, but they can also be valuable assets that bring in revenue. Whether you're an inventor, a startup, or a larger company, knowing how to monetize your patents can open up new income streams and boost your business.
This topic covers the three main ways to turn your patents into cash: licensing, selling, and enforcing. Each option has its own pros and cons, depending on what you're looking for and what fits your business.
- Licensing means letting someone else use your patented idea in exchange for royalties or a lump-sum payment. It’s a flexible way to make money while still keeping ownership of your patent. You can license your patent exclusively to one company or let multiple companies use it (non-exclusive).
- Selling patents is a more straightforward option where you transfer full ownership of the patent to someone else in exchange for an upfront payment. This might work best if you don’t want to deal with ongoing licensing agreements or enforcement but still want to make money from your invention.
- Enforcing patents is about protecting your patent from being used without permission. If someone’s using your patented technology without a license, you can take legal action to stop them or work out a deal. Enforcement often involves litigation, but it can also lead to settlements or new licensing agreements.
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$160.00
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