Trademark Licensing: Monetizing Your Intellectual Property
Trademark Licensing: Monetizing Your Intellectual Property
Trademark licensing allows businesses to monetize their brand by granting permission to others to use their mark in exchange for royalties. This can be a lucrative opportunity for businesses with a well-known brand. However, How much does it cost to register a trademark in Singapore owners must establish clear licensing agreements to protect their intellectual property, maintain quality control, and ensure that their brand’s reputation is upheld by the licensee.