Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Invention Help and other Invention topics.
Licensing royalties can also be affected by what stage your inventions are in at the time of licensing. If a product is at a beginning stage and still needs product development work, a licensing fee may be less because the licensee has to make an investment as well.
|Jennifer Mathes, Ph.D.|