what do you do if you have an idea of something not on the market yet.i.e invention.?

Answer 1

depends contact me i can tell you but you have to tell me your invention trust me i am interested in inventions i can get ur idea on the market*




























*maybe

Answer 2

The most important thing you can do is to document your idea and have the document witnessed by someone....possibly a lawyer. It is important that you have the idea documented before you go forward to any company or potential investors. Then you need to file a patent disclosure. This is the part that costs money. But if the idea has commercial value, you should be able to get a sponsor for a share of the value.

Unfortunately, getting a patent can cost as much as 20 or 30 thousand dollars before it's all said and done. If you don't have the money, you will need to find a partner that has an interest in the invention or idea. If I were you I would search Yahoo or Google to see who or what companies would be interested in the idea.

But be sure to document the idea and date it.

Answer 3

NOLO is a great, free informational site. Also, be sure to read what 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!

Answer 4

not sure if you recieved an answer yet, but i am in this very same process currently.
there are a number of ways to attempt to bring a product to the market.
patent, non-disclosure forms, prototyping, test marketing, design firms.
patent is expensive, lasts only a few years and, unless you spend a small country's yearly income on a lawyer, any good lawyer can find a loophole.
non-disclosure's or nda's are a good grass-roots way to get an idea off the ground, but many companies won't work with them. these are basically forms you have a company, that you think might manufacture and financially back your product, sign. after they sign this form, you show them your product and they either agree to use it and share the spoils or say something like "we've already got something like that in the mix...sorry"
either way, your not out much money, but again, a fair number of companies won't touch the things because they don't want sued if they release a product that is similar to your's anytime after they met with you... they have designers, marketing people and sometimes even trained monkeys working on new ideas round the clock. they're bound to come up with something similar to your idea...
the best approach, in my experience, is to have a designer or design firm create presentation boards, prototypes and/or 3-d renderings of your potential product. you can then use this juggernaut of visual information to woo the would be investors into paying the patent fees and or manufacturing costs...
i know an excellent designer who can help you out of the gates. he is kind of a "one stop shop" as he says... graphic design, logo's, branding, sketches, product development, 3-d rendering, prototyping... pretty much the whole gambit. there are other designers out there also, but i know this guy... check out his stuff at the link as the source below, tell him calvin sent you...
design seems the best way to test the waters and not have to spend too much money. also, having a model/ prototype allows you to make certain the idea will work and have market value...

Answer 5

Do plenty of thorough market research - is it something that people actually want and will buy? Will it be worth the investment to market the product? Many products don't make it to the high street because there's just not enough demand and they'd end up making a huge loss, it could be the greatest feat of enginuity and still be worthless, such is the tough world of commerce (or whatever you call it).

If you decide not to act on it then please document your ideas and make them public, maybe someone else can pick up the baton and make something that will be viable later on! Or you could stick the plans in your loft, up to you.

Answer 6

As I understand it, there are lawyers specific to just such a situation. The process is very...very...very... long. Once you contact a lawyer (no links...sorry) you must apply for patent. Once you have applied, they patent office must check through millions??? of other patents as to determine that your idea is unique. If it is unique you must find a way to produce a prototype. The patent office may need a prototype first...not sure. If all works out you will get a pat. pending. At this point you look into production. Not to deter, but if I'm not mistaken it takes around $5000.00 to get your patent. Be ready.

Answer 7

1. Research using Google if anybody else has something similar on the market.
2. Search on USPTO if something similar has been patented and thus locking you out of the market)
3. If both turn up nothing, third-party your manufacturing to Taiwan or China, ship it back to the US, and market it here.

Answer 8

Patents are useless in these situations. Actually, they're completely useless according to some companies (e.g. Sony).

The best thing you can do is act on your idea. It might not work out but you will learn how to tackle the problem next time.

Remember - enthusiasm is more important than experience. Good luck.

Answer 9

Well if you don't have the moolah to invest in your invention then see my answer on time travel and forget it and send us all back to the past C.O.D. ;-P

Or D.I.Y

Or gather your most trusted advisors and notary public and go rattle a few banks doors.

Wait a minute, NASA already have plans for that drilling machine, see answer 1.

Or, errrrm, dunno, will it make me laugh? I've got a spare penny I can loan you if it does. :)

God I'm in an evil mood tonight.

Answer 10

Be very careful about spending money. Also, do a search on the phrase "inventor fraud" at one or more good search engines and see if any of the matches sound interesting or applicable.