Your invention is your intellectual property and is indeed one of the most valuable business assets. Similar to the physical asset your invention must be maintained, accounted and professionally managed in order to gain the full profit. In the current set up where the creative individuals all over the world are developing ideas into new patents in a record rate, you also need to do an intelligent analysis to strike the best deal for your intellectual property. Patent brokering is the trustworthy procedure of intelligent analysis of your patent while thriving an efficient and dedicated marketing of your patent, to fetch you the maximum profit.In the open market the seller might be a small company, which has patented an invention however lacks the resource to maintain it, the buyer might be a giant company, seeking access to newer inventions and technology apart from its research and development lab. It is in this scenario, the patent brokering service comes into picture, to facilitates technology transfer while linking the buyer with the seller.
Patent brokers thus mediate between you and the buyer of your invention while managing a thousand steps in the process to strike the deal for you. With immense expertise and hands on experience in patents, trademarks, know-how and prototypes patent brokering offers you the utmost solution in making your invention a commercial success.
Patent brokering is thus an important step in facilitating an active market in patents. While identifying new technologies the patent brokers bridge the intellectual property seller with the buyer. The patent broker provides a wide array of services like,
Initial due diligence: An important part in patent brokering, due diligence verifies any business opportunities that survive the initial screening stage.
Technology assessment: It involves the study and evaluation of your invention.
Market analysis: Parent brokers analyzes the market to quote the best price for your invention.
Value analysis: By doing a value analysis the parent brokers analyze the value of your patent before finally quoting it to the buyer.
Lead development: With state of the technology, the patent brokering service aids in generating leads (prospective buyers) for your intellectual property.
Introduction: The patent brokering service acts as the mediator between you and the buyer while introducing you and your intellectual property to the prospective buyer.
Relationship management: This is indeed the most important task of the patent broker to develop, maintain and nourish client relationship for mutual benefit..
With the tremendous growth in demand, patent brokering service now a day has gained importance as the leaders in performing technical analysis for competitive intelligence while helping the sellers in earning cash from their patent.
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