menu

Can small startup company move from product design and sell to license out IP of there product?

0
1008 views

License Management
IP
IoT Strategy
Dr. Nissim Zur
31 months ago

7 answers

1

I total agree, Paolo 
To make new product into the market need a lot of effort money and expertise. Non of this is the startup innovation. to license the IP can be fast money in.

Dr. Nissim Zur
31 months ago
1

Technically it is possible but in reality it is not so easy. As someone remarked this kind of business model requires not only a unique idea but even legal and patenting skills which are not so common in startups. In addition the value of an idea is proven on the market so nothing can be sold as IP unless it is broadly tested and successful. Finally it heavily depends on idea's lifecycle: considering current (for instance) technology evolution pace a new idea can be new for 3-6 months maybe. For this reason a startup should be an endless generator of innovative ideas to live with this kind of business model.

Daniele Vanzanelli
31 months ago
0

Are you asking if a small start-up can sell it's intellectual property as a license instead of or after product development? Well this is certainly true.. just would have to ask why sell the IP? If key to the business, I would expect the start-up to protect the IP and sell the product...

Ron da Silva
31 months ago
0

Yes small startup can do it. Benefits could include

  • relying on companies with better manufsacturing capacities
  • wider distribution capacities
  • better knowledge of the market
  • access to new markets
  • turning competitors into partners
  • additional revenues, IP could be applied to other products and services more than the one developed

Paolo Beffagnotti
31 months ago
Hi Paolo, how startup can find customers to licence there IP? - Dr. Nissim 31 months ago
re-selling to big companies that don't have resources to develop technologies but need to be quick into the market - Paolo 31 months ago
0

The value of a small Startup with an IP will be higher compared without any IP.
It's better to protect the IP and create products that are able to sell using this IP.
In the case, you want to find investors, this IP will be a good negotiation factor.

Dr. Mazlan Abbas
31 months ago
Maybe to licence limited IP out can be the good between the two worlds? - Dr. Nissim 31 months ago
0

It is all about balance. Keep the IP and fail in marketing is 90% the case of startup been close due to funding problem.
Also, a case flow in, by license the IP, (the company can still use it or license it to other) will higher the value of the startup for investor...

Dr. Nissim Zur
31 months ago
0

Yes it is possible to license out IP, when it is sufficiently protected. But remember legal protection with patents is costly.
Often it is better to focus on distribution partners in combination with the more technical product development.

Ad Bresser
31 months ago
Hi Ad, how startup can can license out IP and protect it without big costs? - Dr. Nissim 31 months ago
The best option is to do the most yourself and hire patent lawyers were needed. Steps would include patent scan in the geographies you want to cover, describe your solution in general terms and as your solution as an example (for broad coverage) and file it. As I'm not THE specialist in this area, do google around for details. - Ad 31 months ago

Have some input?