Commercialisation of intellectual property

Commercialisation is a term that is much touted in entrepreneurial circles – although it’s not quite as popular as the term “Investor ready“!  It is often titled “New Venture Development”.  It stems from the creation of intellectual property (IP) that enables the owner to protect the work to exploit its commercial value.

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Licence Agreements

A licence can be a great way of exploiting the commercial value of intellectual property (IP).  Put simply, assuming that the grantor of the rights controls the IP. A licence is the grant of a permission or authority by one person to another to do something.
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