Normally these companies insist that they can not even patent your ideas. This is impossible. (Talented patent attorneys tell you that they are not just ideas but only patented inventions.) But even the sharpest inventors tend to be attracted by these attractive promises. It seems reasonable to attribute this to being lazy, but it does not seem to be the case. The invention is difficult and diligent. A more likely explanation is that the inventor is not familiar with the business aspects of the patent, and these companies seem like wise methods.
Indeed, inventors with patent ideas can circumvent this champ game and do most (if not all) of the patent sales presentation itself. All you need is knowledge about how companies evaluate patents and how to emphasize your interests. With that in your hands, you will be a beginner, ready to go out and sell your patent to buyers.
First of all, we need to decide how to sell the patent. Your two choices are to license your patent and assign it. In essence, licensing a patent can hold the fundamental rights, but those who are licensees are entitled to make something based on that patent. In exchange, we will acquire the royalty and performance obligations stated in the license agreement. On the other hand assigning a patent is to completely relocate to another person, after which he is the sole proprietary owner of the patent. (For detailed information on both options, see the detailed article on patent licensing.)
After deciding whether to sell the patent by licensing or assignment, the next step is to decide which company should be your pitch. For example, the inventor of a new lightweight and durable bicycle tire may think that it is necessary to talk with Wal-Mart or the Sports Bureau. In fact, I would like to talk to companies like Huffy and Schwinn, companies that manufacture and manufacture bicycles. The most likely chance of purchasing your patent is to match existing business. It is what business people call "natural fit".
He may want to approach the company which further down the chain to manufacture bicycle tires. The closer you are to the physical implementation of the idea, the more likely the presentation will be received favorably.
The reason is simple. The more you go on, your idea must go through more layers until you reach the people who are specifically affected in your life. Not only that, others do not convey your ideas with heat and heat. We can not emphasize the importance of narrowing down the list of companies that will increase sales in this way.
Once you identify the company you need to talk about, you need to tackle what you speak. Let's take a new type of bicycle tire as an example. I would like to emphasize to the tire manufacturer why your tire design is better. Beyond that, you want to explain why the company needs to use your design. For example, 75% of respondents can include a survey in a presentation that answered that barren bike tires do not purchase new bicycles. The idea is not to hype or self-propagate, but to focus on the company's interests. This is what aspires to purchase your patent and use it for that product.
Once you have prepared a clear and effective presentation, the final step is to make a pitch. Normally, the company website contains the business development address or e-mail address. Just point it out that you have a business proposal you want to talk to and shorten it. Please include enough details to arouse attention. However, notes are not enough to become novels.
First of all, keep your trust in yourself and your patents. If you are passing things carefully, you can truly sell your patent with favorable terms to you and your future prospects.
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