If you have a patented or a patentable invention and have decided not to manufacture or market it yourself, but wish to license a company to do so, this book is for you. In fact, it is a must read. The book covers not only the licensing of inventions but the licensing of trade secrets and copyrights.
Few inventors have the funds or the experience to run a successful business venture.
Also the cost of fighting infringers can be financially devastating for a new enterprise. Perhaps the greatest strength of this book is its ability to explain legal terms and legal fine points in down to earth, everyday, language. He further notes that finding the right partner for a license can be harder than inventing and patenting. The author points out how some common agreements you as an inventor may make may have an impact your ability to license. He cites ten examples.