Markets are prime candidates

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This involves considering market demand, the strength of the patent, and the likelihood of licensing opportunities. Patents that cover technologies that are still in demand, even in niche for patent portfolio commercialization . Questions to ask when initiating patents: Are there potential breaches that use similar technologies? Is there a market demand for the technology kiribati b2b leads covered by the patent? Can this patent be used in cross-licensing agreements? By carefully selecting patents for monetization, you can focus on assets that offer the highest return, allowing you to maximize your revenue while maintaining a lean and efficient patent portfolio .


Step 2: Strategies for Monetizing Your Patent Portfolio Once you have identified the dormant or underutilized patents in your patent portfolio, the next step is to choose the right strategy to monetize them. Depending on your business goals, the market potential of the patent, and industry demand, there are a variety of approaches you can take to generate revenue. 1. Direct Licensing: Turn Your Patents into Revenue Streams One of the simplest ways to monetize your patent portfolio is through direct licensing. This allows you to retain ownership of your patents while granting other companies the rights to use them for an agreed fee.