Patents are expensive. If you can avoid the expense, you should. So, can you sell an idea to a company without a patent? Yes, you can sell an idea to a company without a patent. However, the company needs to enter into a contract such as a nondisclosure agreement (NDA). Otherwise, they can steal your idea. Unfortunately, many companies will not enter into an NDA. As … [Read more...]
Marketing your invention
Marketing your invention may be confidential under a non disclosure agreement or if done publicly, preferably with patent pending status. Browse related articles below.
Inventors often ask if they can tell others about the invention before filing a patent application. They want to get feedback from others (i.e., friends, investors, licensees, customers) to see if their is good enough to warrant the high cost to hire a patent attorney. After all, if no one willing buy the product, then why waste money on legal fees. I would feel the same way … [Read more...]
In my 10 years of experience, there are generally two different types of inventors. There are inventors that file a patent application then wait for the patent to finally issue. Then, there are those that immediately hit the pavement and start to market their product/services as soon as possible. If you are the second type of inventor, the best time to start marketing your … [Read more...]