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Innovation Insight!

 

wpe22.jpg (2604 bytes)Innovation Insight is a Q&A column for inventors and innovators. Use it to answer your specific questions about inventing, patenting, manufacturing, marketing and licensing. The better questions will be posted for others to read.

 

Your questions will be answered by Bob DeMatteis, and with the help from other experts as may be required. Please make sure your question is not answered in the FAQs before sending Bob your request. Thanks...and we wish you the best! Now go out and invent a better world!

 

..........J.D. asks:

Tell me, what key ideas can you tell me would become good ideas to file for patents?

This is a good question. First of all, look to "create new markets" instead of "looking for increased market share". Look for product opportunities that can be realized in the near future...not the distant future. Look for those things that can be converted from an old technology to a new one. For instance, from paper to plastic, wood to plastic, steel to plastic, old marketing methods to internet methods, mechanical devices to chip driven devices and so on. Seek some opportunities in some fields and industries that are not dominated by huge mega-giant companies such as those in the auto industry (the automotive after-market is OK), oil industry, computer hardware fields, sophisticated electronics and so on. There is still a lot of opportunity is areas such as packaging, the internet, simple electronics, sporting goods, toys, children and baby goods, tools and many, many others. Invent only in a field in which you enjoy (after all, you have to fun or you'll lose interest). And last, I recommend that you don’t proceed on any major development of an invention unless you have a qualified marketing expert on your team who is ready to sell it…one who is in the field of your invention. Best wishes, Bob

 

..........R. Brown asks:

I have an invention that should increase sales of a certain product but it is not possible for me to manufacture and market this product myself. I would like to go to one of the manufacturers and suggest it to them. If I do, should I approach one of the smaller companies or one of the larger ones? Who should I contact? 

Ronald, yes, you'd be wise to submit it to some of the smaller companies in the industry. The larger ones tend to have an NIH attitude, in other words, "Not Invented Here". with sufficient development you can send them a New Product Summary. It should not reveal any inventive matter, only a list of general features and benefits. But they must be real factual benefits, not pie in the sky. Contact the company’s president or National Sales Manager (not a new product director). Sales potential will drive their interest. When they have expressed an interest ask them to sign a confidentiality agreement. Make it one tailored for invention development like the one in the From Patent to Profit Resource Guide. Best wishes, Bob

 

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Disclaimer: We have made every reasonable effort to provide reliable information, but the authors, editors and publisher do not assume responsibility for the validity of any materials contained herein, or the consequences of their use. The authors are inventors--not patent attorneys--and the content of this web site is not to be considered legal advice. If you require legal advice, seek the services of an attorney.


 

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