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Hot Links on New Products and Inventions
How to Profit from a New Invention
U.S. Patent and Trademark Office
U.S. Copyright Office
Ask The Inventors.com
Small Business Innovation Research
Ideablob 'where entrepreneurs and small business owners can share and grow their business ideas – and have a chance to win $10,000 towards fulfilling them.'
5 Tips on Researching Your Invention or Idea Before You Patent
1. An idea, without knowledge of how to make it work, is not patentable. You must be able to present an illustrated description of a specific useful product, which achieves the desired objective, in sufficient detail to enable others to make and use it.
2. Even then, not every invention is patentable. The U.S. Patent and Trademark Office Web site at www.uspto.gov sets forth applicable requirements and procedures.
3. A patent takes 1½ years or more to obtain, expires within 20 years and is not renewable. Total costs are typically $8,000 or more, about 50-50 government and attorney fees.
4. Beware of invention promotion scams. Read the Federal Trade Commission's warnings on such scams at www.ftc.gov.
5. U.S. patents have no effect elsewhere, but a U.S. patent can be used to block importation of infringing products from abroad. Foreign patents are harder and more costly to obtain.
Nondisclosure Agreements
See related page on nondisclosure agreements
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Great Workshop on New Products
Presenter Al Grossman
From Conception to Inception: Basics of New Product Introduction into Market
Check our workshop page for announcement of the next presentation.
We all want to convert our ideas into profit. Learn what it takes to introduce your new product into market. Find how to get financing; how to license your idea as a product to others; how to outsource the production; how to market and sell your product
Counseling on Inventions
Talk to a Free Volunteer Counselor like Mitch Morris about Launching Your New Product
Sign up for Free Confidential Counseling at a Location Near You
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