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What are the basic ways to profit from a granted patent?

April 26, 2017BASIC GRANTED patent profit

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What are the basic ways to profit from a granted patent?

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There are three basic ways to profit from granted patent: 1. sell the rights to another party for a single payment. 2. license the patent to another party in return for periodic royalty payments. 3. the right holder may acquire the necessary capital and commercialize the product itself.