Buy patents

Manufacture and sell your invention

Yes, one way to make money from your buy patents is to manufacture and sell your invention. This involves creating a product or service based on your patented technology and then marketing and distributing it to consumers or other businesses. This approach allows you to control the entire process, from research and development to distribution and sales, and can lead to significant profits if the product or service is in high demand. Additionally, if you have a patent on the product or service you can prevent others from copying or selling it without your permission.

Licence your patent rights

Yes, licensing your patent rights is another way to make money from your patents. This involves allowing other companies or individuals to use your patented technology in exchange for a fee or royalty. This can be done through various types of licenses, such as an exclusive or non-exclusive license, and can be done on a global or regional basis. Licensing can be a good way to generate passive income and can also be a way to bring your invention to market if you do not have the resources or expertise to do so yourself. Additionally, licensing can also help to increase the visibility and credibility of your patent and technology, as well as provide access to new markets and distribution channels.

Sell your patent right

Yes, selling your patent rights is another way to make money from your patents. This involves transferring ownership of your patent to another company or individual in exchange for a one-time payment. This can be a good option if you are looking to raise funds quickly, or if you no longer have the resources or interest in developing or commercializing your invention. Selling your patent rights can also be a good way to exit the patent market if you no longer wish to be involved in the sell patents process or are looking to focus on other projects. However, it is important to note that once you sell your patent rights, you will no longer have control over how the patent is used or licensed, and will not be able to receive any further royalties or income from the patent.

Win a patent infringement legal battle

Winning a patent infringement legal battle can also be a way to make money from your patents. This involves taking legal action against someone who is using your patented technology without your permission. If the court finds that the defendant has infringed on your patent, they may be ordered to pay damages, which can include lost profits and/or a reasonable royalty. This can be a good way to protect your patent rights and stop others from using your technology without your permission. Additionally, a legal victory can also help to deter other potential infringers from using your technology without permission in the future. However, it is important to note that patent infringement lawsuits can be expensive and time-consuming, and there is always the risk that the court may find that the defendant has not infringed on your patent.