The Negotiation Pro Markets Invention Patents
Let’s face it. Your invention may be great, but you do not have the capital, and maybe not the skill and experience, to manufacture it, set up a distribution chain and market to the relevant audience. Yet, there has to be a way to make money.
Yes there is, by licensing the invention to a company already in a related industry, which has manufacturing ability, capital, a distribution channel, and a marketing team with sales people and distribution.
But how do you get through to these companies? With some, you probably can’t. The largest companies employ big staffs to invent things and, with all that investment, they are not likely to pay some outsider for their invention. Unless they infringe, and then they have nmo choice.
But … modest sized companies are always looking for new inventions that can improve their products or have something new to sell. If it can be done profitably. I have good techniques for finding the right person in the company And I have a method of getting through to them that works almost all the time. (No, I won’t share them, are you kidding?).
Unlike most attorneys, I was an engineer before I went to law school--studying physics, chemistry, biology and plenty of math, and I have also written quite a bit of software. All this makes it easy for me to understand your invention in detail.
Marketing an invention is a collaboration between inventor and the agent/attorney. The inventor knows his or her invention best, and is the one to provide information on manufacturing cost and industry information (which companies to approach?) and to make prototypes. Look at some inventions I am currently y representing
Working together, with the right invention, we have a good chance to make some money. Let me read your patent or application (preferably a regular patent, not provisional) and chat with you a bit? It’s confidential, and usually is also legally privileged.
So, please contact me about your invention.
I carefully vet every invention and do not represent every one presented to me. My fee is based on a modest retainer plus a contingent fee. Inventor is responsible for out of pocket expenses that are agreed to be incurred.
