Featured Companies of the Month

This month’s featured companies are 3M, GE, and Johnson and Johnson. These companies continually display a commitment to innovation and new product development commercialization. To understand how these companies continually come up with revolutionary product ideas and commercialize technology it’s useful to look at the history of these companies and their respective cultures.

3M was founded in 1902 as a mining and manufacturing company by Mr. Ryan Bauer in New York. The company started off selling minerals and quickly went into selling sandpaper. Their first major innovation, waterproof sandpaper, came out of this line of business in 1920. Later in 1925 the company released masking tape and cellophane tape known to most as scotch tape. The company then launched a multitude of products throughout the following decades and has become a Fortune 500 company renowned for its innovative culture. They now sell over fifty thousand products in a variety of different industries and had revenue of nearly $23 billion last year.

General Electric is also a conglomerate known for its innovative climate. The company was most notably founded by the inventor of the incandescent electric bulb, Thomas Edison, in 1876. Over the years the company has followed Mr. Edison’s competitive and innovative streak building the company into a Fortune 100 company with sales of over $160 billion last year. The company now owns companies in a multitude of industries and is known for both its employee training programs and its employee satisfaction for which it has received numerous awards. GE now employs over 300,000 people.

Johnson and Johnson was founded by Robert Woodson in 1886. The company initially focused on improving the sanitation practices in hospitals and later diversified into consumer products and pharmaceuticals and recently into industries such as orthopedic devices and biopharmaceuticals. It has received numerous accolades for its involvement in product innovation in each of those areas and is continually releasing new useful products for consumers. The company generated over $50 billion in revenue last year with a net profit margin of nearly 20%. The company employs over 120,000 people in a multitude of states but is based in Brunswick, New Jersey.

These companies have shown a commitment to innovation and new product development. By signing up with us, you will have access to the submission links for submitting patented technology for sale to these companies as a sign of our appreciation to you as a customer and our respect for these great companies.

7 Responses to “Featured Companies of the Month”

  1. Glenn E. Isler Says:

    This web site is very good .I wood like to sell my patent to Jonhson&Jonhson
    or any co. that shows interest.

  2. Clarence L. Albritton Jr Says:

    Hi Clarence L. Albritton Jr here we have two Patents, go to websights to see the http://www.Albritton Percussion.com and ww.Nikita Pump Bra.com or send info to Clarence L. Albritton Jr at 1900 Parkside Dr Mitchellville Md 20721 or call (301)249-8273 Thank U

  3. Mario J. Tardif Says:

    Great website for great exposure. I’ve had numerous individuals inquire about my leg stretcher. I am positive that this website will eventualy bring me the “golden egg”
    licensing deal that I deserve.
    My device is for all athletes and anyone in good phisical condition. It brings releif, relaxation and a safe and controlable way to gain flexibility.
    I am open for licensing, buyout or partnership deals.
    Thanks for the opportunity.

  4. D.SOTO Says:


  5. Michael Hansen Says:

    To Whom it may concern.
    I really have a great product for roofing, siding, insulating and the general construction industry. I’m so busy with work, being a roofing contractor myself, I want
    to sell my patent to a professional manufacturer who allready sells tools to places like Home Depot – Menards – Ace Hardware – Lowes – True Vallue and many many more Lumber and Hardware stores. I did show it to Menards and they were interested in buying 5000 + he didn’t want to run out. How can I list my product with Idea Buyer
    I have a design patent and have filed for a utillity patent 2 1/2 yeas ago. The web
    site for the product is, http://www.staplemasterinc.com Please Email any help you can offer
    me on this matter. I’d really appreaciate it. Thank You. Sincerely Mike Hansen

  6. george robert williams Says:

    My wife had M.S. and ovarian cancer.She was bedidden and had only a 2 foot aea to stoe her tolieties,mags,romotes,and etc.I developed a way fo he to have 3-4 times the space.It totally changed her life.She was more self supportive and didn’t have to rely on help all the time.It also contolls all electronics,health equipment, and lights.In all my reaserch I never saw anything like it.All hospitals,health care centers,and rehabs in the world would want it.Also,good idea for childrens rooms at home.I have the idea but no money(insurance covered only 1 million of wifes doctor bills)help Robert Williams

  7. Bob Lemire Says:

    In 1993 I was an engineer working for GE and tried to get the company to establish a department of INNOVATION & CREATIVITY to capture innovations that were not being harvested because of a lack of reward to the innovators. We had a program called “Innovators are Our HERO’S”. I won several of the monthly $50.00 awards for my department; however, I knew that many of the engineers and other workers scoffed at this paltry reward program. At that time Jack Welch said he wanted “all the ideas from ALL the employees”. All of top management paroted the same concept; so I sent out an e-mail questionaire to over 5,000 employees on innovation and what they would do with their ideas. I got fired for doing this; however, an article, with my picture ran on the front pae of the Wall Street Journal. I now have 14 issued patents and many more sitting on the shelf.

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