Maximize Design Value
Licensing enables the design owner to generate income from the design.
Design licensing is an important strategy for maximizing the commercial value of a design. Through licensing, the owner can generate additional revenue without transferring full ownership of the design. Licensing is important to:
Licensing enables the design owner to generate income from the design.
Companies can lawfully use registered designs to develop new products.
A formal license helps ensure lawful use of the industrial design and reduces litigation risk.