Usually, these firms additionally declare that they will patent your concept, which is unattainable. (Any competent patent legal professional will inform you that solely an invention might be patented, not a mere concept.) Nonetheless, even the sharpest inventors are typically drawn in by these seductive guarantees. Whereas it might sound logical to attribute this to laziness, that doesn’t appear to be the case. Inventing is hard, diligent work. The extra probably rationalization is that inventors aren’t acquainted with the enterprise facet of patents and these firms seem to be a wise method to go.

In reality, inventors with patent concepts can bypass this chump’s sport and do most (if not all) of their patent sale shows themselves. All you want is a few information about how firms consider patents and find out how to emphasize the advantages of yours. With that in hand, you may be primed and able to exit and promote your patent to a purchaser.

First, it is advisable to resolve the way you need to promote your patent. Your two selections are to license your patent or to assign it. Primarily, licensing your patent enables you to retain the underlying rights however grant another person — the licensee — the precise to make one thing based mostly on the patent. In change, you get royalties and no matter efficiency obligations you write into the license settlement. Assigning a patent, however, is an outright switch to another person, after which that particular person is the only real, unique proprietor of the patent. (Learn our in-depth article on patent licensing for extra info on each choices.)

After you have determined whether or not to promote your patent by way of licensing or task, the subsequent step is to find out which firm you need to be making your pitch to. For instance, the inventor of a brand new, lighter and extra sturdy bicycle tire would possibly assume that he wants to speak to Wal-Mart or the Sports activities Authority. In actuality, he needs to talk with firms like Huffy or Schwinn, ie, firms who make and manufacture bicycles. They’re who could be most definitely to purchase your patent, because it coincides with their present line of enterprise. It is what these within the enterprise name a “pure match 특허구매.”

He would possibly even need to go additional down the chain and strategy the corporate who creates bicycle tires, if it is a completely different firm. The nearer you will get to the bodily implementation of your concept, the extra probably it’s that your presentation will likely be favorably obtained.

The rationale for that is easy. The upper up you go, the extra layers your concept should cross via till it reaches the individuals whose lives will likely be concretely affected by it. Not solely that, however different individuals won’t current your concept with the power and enthusiasm that you’ll. The significance of narrowing down the record of firms to make your gross sales pitch to on this means can’t be harassed sufficient.

When you establish the corporate it is advisable to communicate to, it is advisable to work on what you’ll say to them. To maintain our instance of a brand new sort of bike tire; you need to emphasize to the tire producer why your design of tire is superior. Past that, you need to exhibit why the corporate wants to make use of your design. For example, you would possibly need to embrace in your presentation a survey the place 75% of respondents mentioned that shoddy bike tires are the rationale they don’t purchase new bicycles. The thought is to deal with advantages to the corporate, slightly than hype and self-promotion. That is what’s going to make them keen to purchase your patent and put it to make use of of their merchandise.

After you have ready a transparent, benefit-driven presentation, the ultimate step is to make the pitch. Typically, you’ll find a enterprise improvement mailing deal with or e-mail deal with on the corporate web site. Simply ship them a brief, to the purpose observe saying that you’ve got a enterprise proposal you want to talk about. Ensure you embrace sufficient particulars to get their consideration, however not a lot that your observe turns into a novel.

Above all, keep confidence in your self and your patent. In case you have rigorously although issues via, you may certainly promote your patent on phrases which might be favorable to you and your future prospects.