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Securing Capital, Funding And Dollars - part 1 When it comes to pitching your ideas to investors, not going it alone and getting others to front the money to get your idea, patent to the market, there are many options available to you. Patent pool A consortium of at least two companies agreeing to cross-license patents and other IP rights relating to a particular technology. Research exemption In some legislations, an exemption to the rights conferred by patents, pursuant to which performing research and tests for preparing regulatory approval does not constitute infringement for a limited term before the end of patent term. Keep track of your ideas by actually writing them down these notes and moments of inspiration will come to pay off loads later. Especially once you get into issues (even legalese) regarding fair use, copyright law, idea-expression patents and patent law, patentability, sufficiency of disclosure, patent infringement, trademarks, passing off and/or dilution , geographical implications and reach, industrial design rights, trade secrets, sui generis rights, database rights, traditional knowledge, even moral rights!
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Focus on licensing and options that have others doing what they are good at, without having to front all the capital and carry the risk alone. Clarify the conditions under which a patent may be obtained, licensing requirements and parties. You are the source and originator of this idea. Copyright and patents are different from each other. Some patents can easily be declared by the court to be invalid, so doing your homework in every region that you file in, will also go a long way to protect your BEST iterest and ensure the widest, broadest and deepest coverage around. Copyright licenses for example will grant parties permission to do something specific, normally at a cost.
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FAST FACT: When it comes to dealing effectively with new ideas and making them COUNT FOR YOU, there are many considerations and consequences to be thinking about as well. You will need to have a dual focus on BOTH process and outcome for optimal results.
Here are just some examples of what to think of initially to get your juices and motivation flowing, point you in the right direction making the most of your new ideas:
? YOU HAVE TO START SOMEWHERE! For all new ideas and patents as well as new inventions for sale, you need to go where the market is (and/or bring the market to you!). What are you most likely to have and need? What are the inventions, licenses and patents, royalties etc., that you will need both locally, domestically, nationally and internationally. How will you go about getting worldwide exposure quickly, affordably and effectively?
? New ideas and new inventions need secure contexts and protection, expedient and decisive action to get to market. How can you safely go about ensuring that this in fact happens, (without someone beating you to it or stealing your ideas) How do you plan to position, pitch, present, promote and sell your idea? What are your strategies and plans?
? In our new fast-paced, globalized economy, how will and can you benefit, making the traditional transfer of intellectual property processes and intricacies work for you, without getting lost in the complexities, complications, costs, expertise etc. required to get things done?
? How would you go about speeding up this process of innovative, ingenious, invention submission or invention marketing and licensing of new ideas and new inventions.
? How could you learn more and all you need to know on how to post your patent ideas or inventions for sale, while protecting your best interest, intellectual rights and potential profits?
? How would you go about promoting, advertising, marketing and delivering your new inventions or patents for sale? How would you market new ideas and what would you have to be on the look-out for?
? You should also, always be thinking about how you would go about making the most return on and from research and development investment.
? Ask yourself if you are in a position to be licensing your unused new inventions and patents as well as pitching new ideas to and of others.
? How could you get your product/idea to market without all the associated costs, marketing, risks etc.
? If you are convinced that you are in business wanting to buy ideas, licenses inventions and patents, then this guide is for YOU!
? How would you deal with competitors, claims to your idea, lawsuits and more?
? What are the traditional geographic, industrial and marketing barriers to getting your idea into production, to market and in the hands of consumers?. What can you realistically do about it?
? Invention submission and marketing is an exciting and highly competitive arena, how are you positioning and preparing yourself for it?
In the end, it is about MORE than mere ideas, patents and licenses. It is MORE about turning YOUR dreams into reality! What are you doing with yours?