News1 min ago
Invention advice
3 Answers
I have a new, innovative, and novel idea/invention. I am looking to find someone who will take it forward to the market. The idea has been written up, and was filed at the UK Patent office some while ago. Theafter I ran out of steam, so to speak, and to date it is still in the box!! Anyway to cut to the chase, I have now regained my enthusiasm, and am now looking for someone who is trustworthy, honest, and has a good reputation in the marketing field. I have a prototype which requires some slight modifications. The invention relates to the rambling/walking fraternity. However I am advised the application is workable in many other areas. I have looked at companies on the internet but find it a bit confusing, recommendations therefore are very welcome. Any help would be great. Regards.
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I had a relative who designed a product. He contacted one of those assisted companies that advertise widely. His invention was accepted by them but they wanted a large payment up front. He learnt since that they never refuse any invention put before them no matter how unsuitable. Therefore beware of approaching third parties who appear to have your concerns first but are only interested in getting your dosh.
If you've got proof that the patent was filed you should be ok.
All information about the product - including the actual product if it is marketed before the patent is granted - should be marked Patent Pending.
You can then charge royalties [including back-royalties] from anyone who copies the conception.
Mind, to mark anything with patent pending before the patent is filed in an offence in most countries and can lead to your invention not qualifying for an eventually patent.
I know it costs a lot but once you are ready to present your invention to possible partners/manufacturers, these dealings should be done through a solicitor for your own security.
All information about the product - including the actual product if it is marketed before the patent is granted - should be marked Patent Pending.
You can then charge royalties [including back-royalties] from anyone who copies the conception.
Mind, to mark anything with patent pending before the patent is filed in an offence in most countries and can lead to your invention not qualifying for an eventually patent.
I know it costs a lot but once you are ready to present your invention to possible partners/manufacturers, these dealings should be done through a solicitor for your own security.
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