Have you ever considered taking advantage of technology research that has already been done in order to further your own operations? Many technologies are patented and ready for commercialization, and intellectual property laws give you the opportunity to profit from them.
To do so, you will have to pay for licensing rights or agreements. However, this can save you the expense of conducting your own research, and the ongoing costs of maintaining development activities or facilities.
Organizations from the public and private sectors, as well as academic institutions, have resources and networks that can help you find available technologies.
Product licensing Learn how to maximize the market potential of your product or that of others.