CAN INTELLECTUAL PROPERTY BE SOLD?
If you or your business own intellectual property (IP) in the form of patents, trademarks, copyrights, or even trade secrets, there may come a point when you have to choose between using your IP yourself, licensing it to others, or simply selling it outright. Sometimes it’s not an easy decision to make. Intellectual property often takes a lot of time and energy to create, and then safeguarding your creations through patents, copyrights, and trademarks can be expensive. Patents especially require continuing renewal fees, and if you’re not making money from the patent, you may decide it’s best to either license or...
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