Adopt an effective corporate program for growth and innovation.
www.strategyn.com
3-day Workshop On Full Spectrum Innovation & Growth. Enroll today.
ExecEd.Wharton.UPenn.edu
Software for new product ideas 80+ customized server installations
www.make-ideas-work.com
Check out how we can help you create a better product faster.
www.epicriver.com
Central Access Point to find Data & Statistics for Northeast Ohio.
ClevelandPlusBusiness.com
Norfolk Southern. Making strides to reduce fuel usage and emissions.
www.nscorp.com
Capabilities with Time Tested Principles. Let us Save You Money
www.SteveShapiro.com/Innovation
We Help Inventors Like You With Patents, Marketing & More-Free Info
www.InventionHome.com
Workshops to Improve Your Team's Creativity & Problem Solving Skills
BottomLineInnovation.com
John Storm - The BrainStorm Expert Upbeat, Provocative, Confidential.
www.BrainStormNetwork.com
Take the 1st Step in Making Your Idea a Product. Free Inventors Kit!
www.ProtectAProduct.com
Dedicated to assisting inventors and innovative companies. Services includes invention evaluation, technology due diligence, market research, and education programs.
www.innovationcentre.ca
Encourages and facilitates the development and use of creativity by assisting educators and inventors.
www.cesd.wvu.edu
Provides a full-service consulting practice and clearing house for organizations interested in improving and maintaining) their innovativeness.
mint.mcmaster.ca
A voluntary, non-profit organization aimed at sharing knowledge, experience and advice to maximize inventors' chances of earning money on their inventions.
members.aol.com
Improves the status of inventors at national and international levels by promoting cooperation between inventor associations.
www.invention-ifia.ch
An organization which offers advice and schooling on inventions.
www.inventions.org
Dedicated to assisting and educating early-stage inventors and entreprenuers.
www.inventorsforum.org
Non-profit group of inventors, marketing executives, professional engineers, trades people and entrepreneurs, organized for the purpose of assisting others in the process of bringing their inventions to market through evaluation and other means.
www.xtalwind.net
American nonprofit organization for inventors and inventor groups. Website features free articles, information, resources, and an online magazine "America's Inventor Online".
www.inventionconvention.com
A national inventors organization and association for inventors and small businesses dedicated to encouraging the spirit of innovation and creativity.
www.inventionconvention.com
Provides information to inventors about invention promotion companies and how to market their invention themselves.
www.inventorfraud.com
Provides access to a vast range of resources such as financial and patent advice, introductions to relevant companies, assistance with design, tooling and marketing.
www.rti-inventors.co.uk
Non-profit corporation formed to provide leadership, support, and services to inventor support groups and independent inventors.
www.uiausa.com
Adopt an effective corporate program for growth and innovation.
www.strategyn.com
3-day Workshop On Full Spectrum Innovation & Growth. Enroll today.
ExecEd.Wharton.UPenn.edu
Guide to Patent Auctions for Inventors
Online or live, find a marketer to turn your invention into cash- Earn a royalty or one-time fee for your patented idea.
- Develop a reputation as an innovator.
- See your creation transformed into reality.
Action Steps
The best contacts and resources to help you get it done
Consult a patent attorney
Intellectual property firms or patent attorneys can advise you on how to market your patent or present it in a manner most attractive to buyers.
I recommend:
Contact an intellectual property law firm such as ThinkFire or search the Findlaw lawyer directory for a patent attorney near you.
Market your patent online
Sure, some potential patent buyers do scan the list of new patents, but you're more likely to sell your idea by placing it in an auction or exchange.
I recommend:
The details and fees for each site vary, but online sites such as Free Patent Auction, IP Market Holdings, Idea Trade Network, Shop4Patents.com, and ipAuctions generally let you post information about your patent, describe its potential use, set a price or ask for bids, and set an expiration date for an open auction.
Use an auctioneer
The auction sites listed above are passive; they rely on bidders on finding you. Ocean Tomo, an intellectual capital merchant bank, hosts two live patent auctions a year that bring bidders together and can create excitement and competition for your invention.
I recommend:
Sign up to have your invention pitched to a live audience by Ocean Tomo. Even if the bids don't meet your asking price, you'll find out what level of interest buyers have and may able to work out a deal after the auction.
Tips & Tactics
Helpful advice for making the most of this Guide- Remember that a U.S. patent does not protect your invention outside the borders. You must patent your invention in other countries to maintain control.
- Work with a patent attorney to specify exactly what rights to your invention are available.
- Decide whether you want to license your patent for a limited time, either exclusively or not, or sell all rights for a one-time fee.
