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Invention City is seeking great new invention ideas to develop and license to manufacturers in the United States and internationally in virtually all fields including consumer, DIY, trade, tech, industrial, medical, sporting goods, outdoor, snack food, apps, and other categories. We are experienced inventors and entrepreneurs who look at opportunities creatively and seek to find the best pathway to profit for each invention submitted to us. Get started with a Brutally Honest Review ("The best deal in the world of inventing") or submit your invention for FREE here (homework required).
Invention City provides great content for you to learn the licensing process and do it on your own (with professional help where needed). It is not rocket science, just hard work and being smart. Prior to doing it on your own, however, we suggest you get a Brutally Honest Review to understand how potential licensees, investors, and others will look at your invention and its profit potential. You may also get an offer from us - which, if you decline, will give you more confidence to move forward on your own. When you sign up for a Brutally Honest Review (just $95) we do a preliminary search of prior art, consider risk and profit potential abd, then share our findings with you. If we say yes, we offer a deal where you do not risk another penny and make money when we do. There is no obligation.
Invention City has had unparalleled success and experience in the business of invention development and commercialization. Over the past 25 years products developed, licensed and manufactured by Invention City and its partners have generated over $500 million in retail sales. We know the inventing business in depth from all angles - as both licensors and licensees - with our inventions sold across every continent on the globe except Antarctica. Read more about us here.
Invention City gives you valuable insight that may help you improve your invention, may cause you to rethink it entirely or just might lead to the offer of a deal. The best way to make money from an invention is to take a hard look at all of the reasons the invention might fail and try to address those reasons before you file a patent, develop a prototype, or pursue a licensing deal. If you've already started on that path you can improve your chances and save money with unbiased input from the outside.
That fact is that most inventions fail. Even the best ones have odds below 50/50. We succeeded through the years because we learned how to fail as inexpensively as possible until a success came along, and then we exploit that success to the stars. It is a great way to prosper in the invention business, quite possibly the only way.
Whether your invention is just an idea or a new product in early production, getting a quick opinion from Invention City is likely to save you thousands of dollars. It is also possible, despite long odds, that invention City could offer you a deal that will make you tens of thousands or just maybe, even hundreds of thousands or more, as we have done with a few of Invention City's own ideas.
Other invention service companies hold out false hopes to encourage you to spend money with them. In fine print they tell you that the odds of success are small (true) and then in phone conversations they flatter you into believing that your invention might just beat the odds. Flattery is easy. All of us like to hear that our ideas are brilliant and that we have a good chance of getting rich. Well, for $20,000 or more you can enjoy the flattery and maybe get a virtual prototype of your idea. But seeing your invention on a retail store shelf and actually making money on it - that is not likely at all. $20,000 is not enough to do the job right. But it is enough for an invention service company to make a nice profit by encouraging you to pursue your idea.
Many patent attorneys are no different. They tell you that the first thing you need to do is protect your idea even before you even have a final product design, or know the details of your invention, or before you go out and get market feedback. If you have a lot of ideas, you quickly figure out that patenting every idea right away is good way to become bankrupt. Even worse, if you file a patent too early in the development process, you are probably not covering the most important details - you will need to file a second patent to cover those!
The risks of going forward with an invention are high. The cost for Invention City and its partners to take a relatively simple idea and turn it into a product on the shelf at Wal-Mart often runs upwards of $200,000. Most people cannot afford that risk. We can because we are very careful about offering licensing deals. You should be careful too and get professional feedback as early as possible.
If you have an invention idea that falls within the automotive category, Dorman Products might be interested in hearing from you. Simply fill out the idea form on the Dorman Products website, and a team member will review your submission.
Having your idea patent-protected means that the invention cannot be made, used, distributed, imported, or sold commercially by any parties without your formal consent. Once your idea is patent-protected, you are its sole owner and have exclusive rights to any developments.
A patent is an exclusive right granted for an invention. In other words, a patent is an exclusive right to a product or a process that generally provides a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to the public in a patent application.
Licensing a patent simply means that the patent owner grants permission to another individual/organization to make, use, sell etc. his/her patented invention. This takes place according to agreed terms and conditions (for example, defining the amount and type of payment to be made by the licensee to the licensor), for a defined purpose, in a defined territory, and for an agreed period of time.
Patented inventions have, in fact, pervaded every aspect of human life, from electric lighting (patents held by Edison and Swan) and plastic (patents held by Baekeland), to ballpoint pens (patents held by Biro), and microprocessors (patents held by Intel, for example).
Under such regional systems, an applicant requests protection for an invention in one or more member states of the regional organization in question. The regional office accepts these patent applications, which have the same effect as national applications, or grants patents, if all the criteria for the grant of such a regional patent are met.
In case you decide to patent your invention abroad, you should also consider the relevant official filing fees for each country in question, the translation costs, and the costs of using local patent agents, which is a requirement in many countries for foreign applicants.
The grant of a patent can be challenged either via a patent office or in a court of law. A court may invalidate or revoke a patent upon a successful challenge by a third party. In addition, many patent offices provide administrative procedures that allow third parties to oppose to the grant of a patent (including so-called "opposition systems"), for example, on the basis that the claimed invention is not new or does not involve an inventive step.
However this does not mean that all software will be able to be patent protected. In order to obtain a patent, a software invention must not fall under other non-patentable subject matter (for example, abstract ideas or mathematical theories) and has to fulfill the other substantive patentability criteria (for example, novelty, inventive step [non-obviousness] and industrial applicability [usefulness]).
Should a patent turn out not to be a viable option for your software-related invention, then using copyright as a means of protection may be an alternative. In general, computer programs are protected under copyright as literary works. The protection starts with the creation or fixation of the work, such as software or a webpage. Moreover, in general, you are not required to register or deposit copies of a work in order to obtain copyright protection.
While it is certainly true that not all enterprises develop patentable inventions, it is a wrong to believe that patents only apply to complex physical or chemical processes and products or that they are only useful to large corporations. Patents can be obtained for any area of technology from paper clips to computers.
However, to ensure that no one is able to patent your invention, instead of filing a patent application, you may disclose the invention to the public so that it becomes prior art for any patent application that will be filed after your publication, thereby placing it in the public domain (commonly known as defensive publication). Because of the existence of such prior art, later filed patent applications containing the same or similar invention will be refused by a patent office on the grounds of the lack of novelty or inventive step. At the same time, if you disclose your invention before filing a patent application, you will severely limit your possibility of obtaining patent protection on that invention.
Another alternative strategy could be to ensure that no one is able to patent your invention by disclosing it (commonly known as defensive publication), thereby assuring its place in the public domain. However, you should carefully reflect on using this strategy, since if you disclose your invention before filing a patent application, you will severely limit your possibility to obtain patent protection.
Patent information commonly refers to the information found in patent applications and granted patents. This information may include bibliographic data about the inventor and patent applicant or patent holder, a description of the claimed invention and related developments in the field of technology, and a list of claims indicating the scope of patent protection sought by the applicant. 59ce067264