Licensing Agreement Advantages and Disadvantages

Licensing Agreement Advantages Licensing agreements can be very beneficial and profitable to all parties involved. Licensors are able to generate passive income from their intellectual property. Licensees are able to begin new business opportunities at a less expensive rate. Some licensing agreement advantages become tangled and result in positive results for all parties. If a …

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What is Genericization?

Examples of Brands that have Experienced Genericization Kleenex® Kleenex is a brand name for a line of paper-based products. Such products include tissue (facial and bathroom), paper towels, feminine hygiene products, and diapers. Kleenex is a registered trademark of the company Kimberly-Clark. Other Kimberly-Clark brands include Kotex, Huggies, Cottonelle, and more.  Kleenex sells their facial …

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Recognized Patents

The Internal Combustion Engine An internal combustion engine is a heat engine that combines high temperatures and high pressure gases produced by combustion to propel an engine. Like most inventions, the internal combustion engine was continuously improved by different engineers in order to get to where it is at today. There are several famous patents regarding …

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Recognized Trademarks

Famous Trademarks Apple On March 8, 2011, Apple Inc. was registered with the USPTO (trademark registration number 3928818). The founders of the company, Steve Jobs and Steve Wozniak, founded the Apple Computer Company in 1976. A man named Ronald Wayne was also an original founder, however after two weeks, he decided to leave, selling his …

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What Happens After Filing a Patent Application?

Filing Receipt and Notice of Allowance When everything is exactly correct in a patent application, there are only three communications from the USPTO: the filing receipt, notice of publication, and notice of allowance. Filing receipts are only receipts and publication is automatic at 18 months after filing a patent application. There is no need to …

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