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| Where do you go if you have an idea for an invention? Posted by WG_Dawg I've had this idea for a while but never really gave it much thought.  on 5/17 at 2:39 pmDo you go somewhere like you see advertised on TV, inventtech I think it's called? Then what, do they have a database to see if it already exists? Then if it doesn't, how do you go about getting things off the ground with a prototype, assuming it's something technical you can't build yourself? I'm assuming it takes a lot of money, which is another reason I haven't thought seriously about it before. Reply • Back to Top |
| IMO there are two routes: you either keep it secret and try to develop a product (expensive and time-consuming), or you patent it (not so expensive or time consuming) and later try to license the idea to a third-party company who can develop and sell a product. Reply • Back to Top |
| If I went the latter route and just sold the patent, would there be any real money to be made doing that? Also, can you patent just a general idea? Like I said the actual product would involve a bit of technology that I simply can't do. Reply • Back to Top |
quote: I encourage you to do a little recent research on patent licenses and patent litigation. There is very little more valuable in America right now. quote: Now we're getting into the realm of legal advice, which I am not allowed to give you at this stage. I encourage you to talk to a patent prosecution lawyer to answer these questions. Reply • Back to Top |
| I can give you really good information if you tell me what the idea is. Reply • Back to Top |
quote:  No thanks. I think it has serious potential, it could be the best thing to hit the market in its industry in a long time, in my opinion. It just requires a lot to go into it that I can't do, and I don't have much money to throw at it anyway. Reply • Back to Top |
Well goodluck  Reply • Back to Top • Refresh |
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on 5/17 at 2:46 pm to