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If you are an inventor, owner or an assignee of a patent, apart from using the patent in your own business or to commercialise it to suit your purpose; you have the option of divesting or selling the patent or licensing the rights to other parties.

Potential entities or individuals who might be interested to obtain the use of your patented inventions, products, process or technology can be competitors, new businesses or start ups or even your business associates or former employees wishing to benefit from your business.

To know more about patents ;
Below is a checklist of things to consider if you want to license or sell your patentable inventions or know how: