SOLA Inc
Contract Based Manufacturing is the most common type of License Agreement yet the one that is most harmful to inventors. In most cases the inventor is convinced to spend tens of thousands of dollars on tooling and manufacturing. Such a process must only be attempted by seasoned business people. Learn more...
Commission Based Manufacturing is the most publicly sought after agreement. This type agreement rarely yields satisfactory profit. Its designed to satisfy the manufacturer rather than the inventor, yet most Patent Attorneys, Inventor Help Sites and Submission Companies look upon this type of agreement as the Holly Grail. Learn more...
Up Front Royalty Agreements are the only Agreements that eliminate financial risk and yield high profits. They are common in the business world and require a deeper business understanding than that offered in the patent industry. Learn more...
A survey from May of 1999 to March of 2002 shows that of 2,018 Patent Attorneys only 2 actively assisted clients in marketing for License Agreements. Over 95% were not even familiar with the outcome of their client’s products.
Interviews with over 1,260 Patent Attorneys shows that Patent Attorneys have little if any interest in marking clients patents and have no interest in learning the proper business procedures.
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Sometimes patents are more valuable to keep and market than to sell or license. In such cases it becomes important to establish your own manufacturing, sales and distribution. Such transactions yield tremdous profits and even the most season business people relish the opportunity to invest into and participate. More...
Secondary Market transaction are those in which major companies purchase volume patents for the purpose of using such patent to shore up or protect their existing technology. This is a patent sale not a license and it can be designed to fit many needs. Learn more...
Funding, Marketing and Licensing
SOLA: Patent Attorneys
do not specialize in the marketing of products and should not be expected to understand the 'value' of a client’s product in the marketplace. Yet we do believe that the attorney should understand the value of a business plan, client goals and the financial implication to the client if he/she can not afford to market their patent.
