3 ms·
I don’t see anything unfair in pricing the license as a percentage of revenue or profits. This allows you to capture the actual high value of your invention whi
by legalcorrection 4y ago
I don’t see anything unfair in pricing the license as a percentage of revenue or profits. This allows you to capture the actual high value of your invention while also allowing low-value products to benefit from it. After all, that’s what you do if you are both owner of the patent and the products that use it. And a major purpose of the patent system is to allow inventors to benefit from their work without having to themselves enter every industry it might be relevant.
- marcosdumay 4y ago> This allows you to capture the actual high value of your invention while also allowing low-value products to benefit from it. It allows you to predate on the added value of the product being solved. If your invention is a small feature of a huge product, you don't have any reason at all to tax the entire functionality. But well, anyway, on practice, this is mostly used as a way to create anti-competitive deals, where some circumstances allow for a few companies to create products with those patents, while most are left owning 10000% of their product's price.