Innovation Management Sciences provides a viable avenue for small and large businesses, academia and individual inventors to monetize their intellectual property by providing options to license or sell their strategic or non-strategic patents and patent applications. These transactions are possible due to our ability to understand and offer various partnering models to a range of organizations and individuals depending on their particular needs.
There are various reasons why one might choose to work with IMSciences, one of which is taking advantage of the opportunity to fund additional R&D and ongoing patenting efforts. Regardless of the purpose, IMSciences is viewed as a resource that offers a monetization strategy to advance inventive efforts. IMSciences has successfully assisted public and private companies worldwide in realizing value from patents and other forms of intellectual capital.
The rapid pace of technological change has made innovation more costly and complex, and competition on a global scale has reduced profit margins to razor-thin levels. In today’s business environment, many leading organizations are looking for revenue-generating opportunities outside traditional avenues.
Leading organizations have long realized that patents and intellectual property are key components to protecting their investment in research and development. However, only some active organizations realize that patents and intellectual property can be used as sources of revenue. Patents and intellectual property can often be sold or licensed for significant sums if their values are identified and presented to the right buyers.
For companies desiring to convert their patents into revenue, the process of leveraging IP begins with an analysis of what is covered and not covered by the patents. This type of analysis involves more than simply counting the number of claims, or performing keyword searches. Such commonly used techniques are too simplistic and superficial at best. Instead, our methodology applies technical and patent process expertise as well as deep understanding of market factors, allowing us to present intangible assets to potential interested buyers in the most favorable manner.
The process of leveraging IP also requires an in-depth understanding of the IP transaction process. Our professionals have a proven track record in negotiating intellectual property transactions and successfully converting our client’s IP assets into revenues.
Blending engineering, law, consulting experience and in-house counsel experience, our team offers a level of expertise to effectively address the patent needs of emerging technology companies. Our team is particularly experienced at identifying inventions, preparing and prosecuting patent applications for complex technologies, and advising management on intellectual property issues that impact business strategy.
We invite your inquiries to learn more about our services and how our team can help you maximize your return on your intellectual property investment.