by Stephen Key | Sep 25, 2020 | Open Innovation
Post Views: 573 For the past six months, I’ve been interviewing dozens of companies that are open to working with independent inventors to develop new products. This is what’s known as open innovation, which takes many forms. In total, nearly 30 experts...
by Stephen Key | Sep 25, 2020 | How to Become Successful
Post Views: 445 I’m not quite sure that I ever considered myself a professional inventor. I have invented a few inventions, but most of the ideas that I licensed were just simple improvements on existing products. This I know for sure: I have always been...
by Stephen Key | Sep 25, 2020 | Toy and Novelty Gift Industry
Post Views: 494 Much like the film industry relies on writers, the toy industry needs inventors to come up with new concepts. I recently had the pleasure of interviewing Ben Dermer, senior vice president of creative development at Spin Master, a leading global...
by Stephen Key | Sep 25, 2020 | Interviews with Potential Licensees
Post Views: 505 Corey Talbot is vice-president of marketing and product development at Hyde Tools, a manufacturer and seller of painting, drywall, and home improvement products that has embraced open innovation. Founded as a cutlery manufacturer in 1875, the company...
by Stephen Key | Sep 25, 2020 | Open Innovation
Post Views: 419 As a product artist, one side of the licensing business model I have always loved learning about is what goes on behind the scenes. How are new product idea submissions evaluated? What are companies practicing open innovation really looking for? This...