Week 8 - Assignment 2: Week 8 Activity 2: Evaluate Assigning and Licensing of a Patent

A big cooperation has contacted you about the invention you have patented. They are interested in obtaining the intellectual property rights for your invention. In a few paragraphs (300-400 words), describe if you would be interested in licensing or assigning your patent to the company. What are the advantages and disadvantages of each? Would you be about to sell your IP to other companies? Please review the online video on licensing vs. assigning. Length: 2-3 page not including title and reference pages Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy.