Creating new income streams
Open Innovation is creating new opportunities for organisations to generate income from intellectual assets. Commercialising IP portfolios through proactive business development, such as licensing innovations to other companies, means that unexploited inventions and ideas can be commercialised through joint ventures, spin offs and licensing arrangements.
Universities and the public sector: commercialising IP portfolios
For universities and public sector research organisations, IP assets are a means of creating new income streams and attracting commercial partners. This leads to wider public benefit from transferring technology via research partnerships, licensing of intellectual property or new venture creation.
Link to Case Study
Commercial organisations; intellectual property licensing
For commercial organisations, IP is an asset through which they can create a competitive advantage not just through their own exclusive use but through granting rights to others and non-core IP can be exploited to generate additional sources of revenue.
Link to Case Study
We work with our clients on all aspects of intellectual property licensing and commercialising IP portfolios:
- Analysis of markets and competition
- Intellectual property strategy and business plan development
- Identify and prioritise development opportunities
- Identifying licensing opportunities (both in and out licensing)
- Identification/screening/meeting potential partners
- Development of Business Development and marketing materials
- Representation at partnering meetings and conferences
- Deal valuation
- Intellectual property licensing negotiations
- Management of the due diligence process
IP Pragmatics has experience of commercialising a wide range of different types of IP (know-how, copyright, patent and trademarks etc) in a range of different business fields. We combine marketing, business intelligence, contract negotiation skills and extensive company networks to find clients the best partners for their technology opportunity. We are specialists in licensing, joint venturing and new company creation.
Licensing of intellectual property
The commercialisation and IP licensing environment is extremely competitive. Organisations need to work efficiently and quickly to identify, evaluate, and negotiate deals that create value. IP Pragmatics can help achieve an edge over the competition by providing guidance and hands on practical help to clients who need assistance in developing business development strategies, identifying partners, prioritising targets, evaluating opportunities, and negotiating deals.