Product Licensing 101 – How to Sell Your Invention Idea to a Company | What is Product Licensing?
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In this video, the speaker talks about product licensing, which is a way to turn ideas into money by selling the rights to those ideas to other companies.
The speaker was working on a prototype for an idea he had for a cleaning product and, while researching patents and intellectual property attorneys, came across the concept of product licensing.
The speaker wants to share his knowledge of product licensing with the audience and mentions several inventors and entrepreneurs who have inspired him, including the developers of Bop It, Rockenbach, Super Soaker and Lasertag.
The speaker also mentions Stephen Key, whose book and YouTube channel were helpful in learning about product licensing.
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