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Where do I go what do I do. I'm very excited about it but very naive. HELP!!!

2006-07-28 21:08:33 · 6 answers · asked by KERRY B 1 in Business & Finance Advertising & Marketing

6 answers

Congratulations. I hope it is a time-shattering discovery. But even if it is not don't be nervous. Do you know Edison did not get much financial benefit from his famous inventions as from small machines and claptraps developed by him on the side. He had developed a simple device which watere his garden thanks to the visitors who came to him opening the gate and closing it behind them.

So you feel you have developed something novel You also say you are naive. So take the help of some Patent Attorney and het the product registered and recognised. This will protect your interest in the patent.When you get your product registered there you may be approached by manufacturers who are interested. While negotiating with them always be cautious and take the help of some senioor or advocate to conduct the parleys.Do not expect you will get the Nobel immediately but if your device works there may be lucrative offers.Best of luck.

2006-07-28 21:21:24 · answer #1 · answered by Prabhakar G 6 · 0 0

To protect an original invention OR a significant improvement to an existing product, a patent would be filed. Here's the USPTO's definition: http://www.uspto.gov/web/offices/pac/doc/general/index.html#patent

NOLO is a great, free informational site. Also, be sure to read what else the USPTO (United States Patent & Trademark Office) has to say about patents.

Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:

Getting a Patent:
* Patent It Yourself (11th Edition) by David Pressman
* Patents and How to Get One : A Practical Handbook by U.S. Department of Commerce
* How To Make Patent Drawings Yourself: A Patent It Yourself Companion by Jack Lo
* The Inventor's Notebook: A Patent It Yourself Companion by Fred E. Grissom

What to do Next:
* From Patent To Profit: Secrets & Strategies For The Successful Inventor, Third Edition by Bob Dematteis
* How to License Your Million Dollar Idea: Everything You Need To Know To Turn a Simple Idea into a Million Dollar Payday, 2nd Edition by Harvey Reese
* The Inventor's Bible: How to Market and License Your Brilliant Ideas by Ronald Louis Docie
* The Complete Idiot's Guide ® to Cashing in On Your Inventions by Richard Levy

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

2006-07-29 09:15:42 · answer #2 · answered by TM Express™ 7 · 0 0

Patent agents are the best people to contact but, being lawyers, they are expensive. Some offer a cheap or free simple advice service to lone inventors so it is worth asking.

Do as much as you can to find out whether your invention is novel before contacting one. If you are in the UK contact your local public library. They should have a list of the UK patent libraries where you can search to see whether your invention really is new. You would be surprised how many are not. You can search many countries' patent office databases online but should bear in mind that if your idea is known anywhere in the world you will not get a patent . Ask the Patent Office (www.patent.gov.uk) for literature on patents and on how to apply for one. Try Business Link as well. Their services are very variable but you might be lucky with your local one.

Most importantly, do not disclose your invention to anyone unless they have signed a confidentiality agreement. Do not pay lots of money to the companies that advertise on tv without checking them carefully. Most of the 'marketing' and patent searching they offer is of little value, in my experience.

Good luck.

2006-07-28 22:09:18 · answer #3 · answered by Anonymous · 0 0

You got a great answer already. All I can add is don't be naive. Protect yourself. Guard your secret until you are legally protected. Do not disclose it to anyone without an agreement in place that protects you. Consider partnering with an experienced business partner but check them out thoroughly first. Do not be afraid to share in order to gain. You don't sound like an entrepreneur so you definitely need business help & maybe financial help as well? Talk to a small (?) business advisor. Ask for sources of advice on business start-ups.

2006-07-31 21:35:31 · answer #4 · answered by Frank M 3 · 0 0

if you have a good invention and are very naive, then great, tell me what it is quickly and i will make sure you are looked after honist (joke).

Good luck with it.

2006-07-29 22:26:10 · answer #5 · answered by Mark G 2 · 0 0

USPTO.org is the website you need to visit and get your faqs answered about inventions and the like.

2006-07-28 21:41:17 · answer #6 · answered by fistfull-of-$ 3 · 0 0

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