You may find a potential licensee by researching businesses that could use your intellectual property.

Terms of use have traditionally been negotiated on an individual basis between copyright holder and potential licensee.

Philips' legal team had issues with the non-assertion clause that Microsoft required potential licensees to sign without prior opportunity to check the IP involved.

He also said that Microsoft apparently failed to provide technical documentation, making it hard for potential licensees to know what is worth licensing.

Furthermore, Eulama also operates in areas such as monitoring production-related activities of licensees, collecting due payments and researching financial solvency and business history of potential licensees.

Disclosure also aids the potential licensee in selecting among competitive offers, if any.

Among potential licensees are handset manufacturers, wireless carriers and developers of document-management software.

After graduation, he took a job on Wall Street as an investment manager but spent his lunch breaks showing his mother's portfolio to potential licensees.

Until now, agreements between consumer product licensors and potential licensees have generally been brokered by licensing specialists.

Jeffrey Ceppos, the owner of the concern, identifies and contacts manufacturers - the potential licensees - on behalf of designers.