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What are companies looking for from the independent inventor to license or purchase inventions?
After working with 10% of the Fortune 500 companies and advising them on what patents to buy or license from independent inventors, a unique pattern appears, that if known by the independent inventor, it would maximize their chance for success for commercialization. Added to this, with the experiencing of successful licensing the independent inventors patents from 50,000 to 300 million dollars, we have learned that there is more to commercialization than just good inventions with good backing.
If an independent inventors works by having their interest fuel their efforts, we would offer that it is the interest in inventing and process is required to be successful, rather than the actual effort undertaken. So when an independent inventor chooses direction for their initial work, its important to understand what to start on, to set a successful course.
So the combination of HOW to start in a successful direction, with the power of the efficient PROCESS of inventing, with the end in mind of how LARGE Companies choose independent invention, along with understanding the key building blocks of COMMERCIALIZATION is vital to becoming a successful inventor or success invention company.
This talk with demonstrates process, examples and discussion from 10 years of experiencing running ipCapital Group, the leading IP Strategy and IP Licensing firm, as well as my 17 years at IBM assisting IBM in developing winning patents and commercializing them.
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