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2006-10-27 00:52:01 · 3 answers · asked by T 1 in Business & Finance Other - Business & Finance

3 answers

First establish that your idea is, in fact, your idea: that it is, in fact unique; not a restatement of an old/outdated/forgotten concept or variation of another's work.
To do this perform patent/ intellectual property rights searches. This can be both extensive and expensive but cheaper and quicker than being sued for copyright infringement for something already existent.

Having established ownership of the idea.research the probable (conservative) and the possible (optimistic) market acceptance potential (some ideas take years to be recognised for their true value) for the concept.
Next evaluate development, production, promotion and distribution costs. Realistically evaluate fiscal returns on costs. If the figures stack up, any amount of venture capital providers will guide you the rest of the way in return for "a piece of the action".

2006-10-27 01:30:31 · answer #1 · answered by malancam55 5 · 0 0

Here are a few links to sites that may help, however, the best advice that I could give to you would be; hire a patent attorney, there are usually listings in your local phone book. Although, before you commit, check the BBB for any negative feedback, check his or her references, etc.

http://www.ineed2know.org/InventionFirms.htm?referrer=adwords&kw=harvey%20reese&gclid=CJnr1OOtlYUCFUNtFQodfG0kmQ

http://www.inventorfraud.com/goodguys.htm

http://www.uspto.gov/ <--- you can do your own patent search here.

http://www.inventorsdigest.com/ME2/dirmod.asp?sid=9B70A8CBE0944BEA86CDAEC12CB07782&nm=Folks+Who+Can+Help&type=spotlight&mod=Company+Spotlight&mid=0780C5BCD4114FF4AC98BBE094A626AB&tier=1

2006-10-27 08:15:15 · answer #2 · answered by steve c 1 · 0 0

study marketing

2006-10-27 07:59:06 · answer #3 · answered by Kumar 2 · 0 0

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