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re: Where to go/what to do if you have an idea for an invention?

Posted on 10/15/13 at 12:08 pm to
Posted by Sigma
Fairhope, AL
Member since Dec 2005
3643 posts
Posted on 10/15/13 at 12:08 pm to
quote:

Build your product, market it , and see what happens. If it is so wildly successful that someone produces a knock off there are worse problems to have. It is very rare that someone patents an idea then sells it for significant money. A patent will only protect your idea to the extent of the resources you have to defend it in court.


True, but the one big problem with this approach is that potential licensees or buyers of the technology may be hesitant to do a deal if you don't own the IP.

It depends on the type of idea and potential customers.
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