Objective, 3rd part assessment of your invention: U of Wisonsin.
Resource: For an affordable fee, the University of Wisconsin Innovation Service Center provides inventors with enough information for improved product and market development decisions. www.score.org: free individual counseling from Experienced Business advisors and low-cost workshops on business topics. They have more than 10,500 volunteer members nationswide in 389 chapters. They are a resource partner with the Small Business Administration. More about licensingTo see sample license agreements go to http://contracts.onecle.com/type/32.shtml
For a fee you can find information on royalty rates across industries, visit www.royaltysource.com
Recommended Further Reading:
Megantz, Robert. "Technology Management: Developing and Implementing Effective Licensing Programs." Amazon Associates.