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Licensing Your Product Idea: How to Negotiate Your Royalty Percentage with Sef Chang
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Do you have a product idea that you want to license to a company and collect royalties?
Sef Chang has done it time and time again. In this video, he speaks with patent attorney John Rizvi, founder of The Patent Professor® law firm, about making licensing deals with his product ideas.
John and Sef discuss some of the factors that go into negotiating a royalty percentage.
What percentage can you expect from a product licensing deal?
How much is a fair and typical royalty?
How do companies that license inventions and product ideas determine the royalty percentage they’re willing to offer?
How important is it to nail down an exclusive licensing deal?
These questions and more are addressed in this must-see video. Watch now!
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