We were approached by a client to develop an inventory maintenance management app. The idea is not our own, but we own the intellectual property.
Sorry to keep it short. We can speak and go through the specifics, but keep in mind that IP is the lifeblood of business valuations. In a variety of cases companies both large and small are purchased for their intellectual property and the talent . You would have to go through a market discovery to identify the potential value of the IP. I would have a plan with what you are going to do with the IP when you enter into your agreement so you don't handcuff your future strategy in the initial contracts. You have a lot of potential paths to success here.
Answered 10 years ago
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