by Stephen Key | Sep 25, 2020 | Prototyping
Post Views: 412 The feeling you get when you build a prototype of one of your ideas is truly magical. Suddenly, something that only existed in your head you can now touch, see, and play with. I’ve been licensing my inventions for decades, and I still feel that...
by Stephen Key | Sep 25, 2020 | Intellectual Property and IP Strategy
Post Views: 551 People think that you need a utility patent in order to license an invention. But that’s not the case. Design patents have more value than they used to. Recently, I helped two orthodontists license a simple improvement in their field using a...
by Stephen Key | Sep 25, 2020 | Getting In to Companies Looking For Ideas
Post Views: 485 Without a doubt, the step product developers struggle with the most when it comes to licensing is cold calling. You aren’t in the game until you begin reaching out to potential licensees about your ideas for new products. Still, most people would...
by Stephen Key | Sep 23, 2020 | Truthtelling
Post Views: 440 Getting a patent issued typically costs at least $10,000 and can easily cost upwards of $20,000. Most inventors who patent their inventions hope to get their money back after their invention begins selling in the marketplace. In reality, it rarely...
by Stephen Key | Sep 23, 2020 | Intellectual Property and IP Strategy
Post Views: 548 Inventors, wake up! It’s a cruel, cruel world. Commercializing a product idea has never been easy. And today, competition is fiercer than ever. True, the internet has provided new outlets for marketing and selling. But there are also copycats around...
