There are many options which we can choose and allow to consider Non commercial use as well. It helps to share the things with keeping some rights.
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1-Summarized two kinds of licenses and explained why you chose one.
2-Imagined and outlined possibilities and described how to make them probabilities
“Licensing means renting or leasing of an intangible asset. It is a process of creating and managing contracts between the owner of a brand and a company or individual who wants to use the brand in association with a product, for an agreed period of time, within an agreed territory.”
Intellectual Property (IP) refers to the creations of the human minds for which exclusive rights are recognised. Innovators, artistes and business owners are granted certain exclusive rights to a variety of intangible assets for a specified duration.
Intellectual property that will be referred as IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.
3-clause BSD license (BSD-3-Clause)
2-clause BSD license (BSD-2-Clause)
GNU General Public License (GPL)
GNU Lesser General Public License (LGPL)
MIT license (MIT)
Mozilla Public License 2.0 (MPL-2.0)
Common Development and Distribution License (CDDL-1.0)
Eclipse Public License (EPL-1.0)
Apache License 2.0 (Apache-2.0)
Read more about them here in this link https://opensource.org/licenses/category
SPDX short identifier: MIT
Copyright
Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the “Software”), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:
The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED “AS IS”, WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
Source :
https://opensource.org/licenses/MIT
This licenses is perfect for the since lovers because the owner is exposing his work to everyone allowing anybody to improve it and build on it and he is not responsible for any of that.
A Creative Commons (CC) license is one of several public copyright licenses that enable the free distribution of an otherwise copyrighted work. A CC license is used when an author wants to give people the right to share, use, and build upon a work that he/she has created. CC provides an author flexibility (for example, he/she might choose to allow only non-commercial uses of his/her own work) and protects the people who use or redistribute an author’s work from concerns of copyright infringement as long as they abide by the conditions that are specified in the license by which the author distributes the work.
There are many options which we can choose and allow to consider Non commercial use as well. It helps to share the things with keeping some rights.
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The CC licenses all grant the “baseline rights”, such as the right to distribute the copyrighted work worldwide for non-commercial purposes, and without modification. The details of each of these licenses depend on the version, and comprises a selection out of four conditions:
Attribution (BY): Licensees may copy, distribute, display and perform the work and make derivative works and remixes based on it only if they give the author or licensor the credits (attribution) in the manner specified by these.
Share-alike (SA) Licensees may distribute derivative works only under a license identical (“not more restrictive”) to the license that governs the original work. Without share-alike, derivative works might be sublicensed with compatible but more restrictive license clauses, e.g. CC BY to CC BY-NC.)
Non-commercial (NC) Licensees may copy, distribute, display, and perform the work and make derivative works and remixes based on it only for non commercial purposes.
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I will defiantly choose Creative Common Licens non commercial no derivatives. So that my rights are protected and I can guarantee that any commercial benefits of my Project will be for me.
Here firstly I am trying to prototype my idea. Then i have to customize the Design or other parts included . After getting the Good working model. I have to think about converting of it into a commodity or a product which will have a market scope.
Income:
May be later i have to market the product after researching the market. if needed after customizing the prototype. I can use different marketing techniques using Social medias and other available medias and directly contacting the outlets and ma be create several sizes of the box and several ways to lock and unlock the box like fingerprint or IR sensor or light sensor.
After reciving feedback,I can improve it by clearing the problems, reducing the production cost creating the website etc.