Improved by proactively addressing these weaknesses. 11.3. Identifying Potential Revenue Streams Another significant benefit of patent due diligence is identifying potential revenue streams. Patents can be monetized in a variety of ways, and due diligence helps identify these opportunities. The main benefits related to income include: Licensing Opportunities: By assessing the market potential of patents, companies can identify opportunities for licensing agreements.
Licensing allows companies to generate revenue from their patents without having to manufacture or sell products. Enforcement Actions: Identifying violations and pursuing enforcement actions may result in financial compensation australian number for whatsapp through settlements or damages awarded in court. Due diligence helps build strong enforcement cases.
Divestment Strategies: In some cases, selling non-core patents can provide a significant source of revenue. Due diligence helps determine the value of these patents and identify potential buyers. 11.4. Informing Investment and Revenue Decisions Patent due diligence is essential to making informed decisions about investments and acquisitions. Whether acquiring new patents or investing in companies with substantial intellectual property, due diligence provides critical insights.
Patents can be strengthened and their enforceability
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