- White Belt
- Posts: 6
- Joined: Thu May 20, 2010 1:25 pm
I’ve been reading a bunch of posts/articles online, and I’m getting confused with some terms regarding licensing that gets used a lot online and within the forums.
Can someone please explain what the differences are and pros/cons of the following? Are there any that I’m missing?
- Licensing Agent/Broker?
- Invention Submission Company?
- Licensing Attorney/Lawyer?
Do all the above get paid based on a “royalty contingency fee”, or do some get paid based on a “flat fee / hourly rate”?