There will probably come a point in your life as inventor when your idea or patent gets picked up by a major retailer or industry player and they offer you a tantalizing choice: a small royalty on sales in perpetuity or a single, one time “complete buyout” payment to take complete ownership of your idea. […]
The Difference Between Earning “Lots” Vs. “Millions” of Dollars From Your Idea Read More »
Ideas Are the Forerunners of Wealth According to leading experts, the rise in patents represents a long-term shift in what Americans do, suggesting that R&D for non-manufacturing industries is growing at a faster pace than manufacturing industries. Additionally, studies indicate that money spent on research and development is not rising as fast as the number
How to Make Money From your Invention Read More »
You have an idea that may change the world or revolutionize an industry. However, until your patent is filed, recorded and locked down with the USPTO, it’s up for grabs by other nefarious entrepreneurs who would love to profit from your idea. Do you really wish to sit on the sidelines and watch your rivals
Three Steps to Profit from your (Patented) Idea Read More »
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