I recently attended my local Inventors Association (Inventors Alliance in Northern California) and noticed that Inventors kept asking Andrew Krauss (President of Inventors Alliance) about the differences between Manufacturing and Licensing a product. New Inventors were confused about what these terms meant and wanted to learn more about the factors to consider when deciding which way to go for their own product. So I thought I'd take a minute to discuss both options as this comes up all of the time in my workshops and classes as well.
Have you ever wondered which of many evils you should choose if you are going to be naughty. The Independent Scientific Committee on Drugs (ICDH), a UK-based advisory, headed by Dr. David Nutt, has just published a report that lists drugs in order of their danger - both to the user and to others who come in contact with the user. The leader on both scales, by far, was alcohol.