Filing a Provisional Patent

For 99% of inventors, filing a provisional patent is a smart decision. But what exactly is a provisional patent? What separates it from a "real patent?" The short answer is: a few hundred dollars and a lot less paperwork. But...

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The Maverick’s Do-It-Yourself Patent Licensing Library

While it’s usually preferable to have an attorney draft your licensing agreement, it’s not always necessary. Legal-minded inventors can certainly draft their own patent license agreements with appropriate study and preparation. This article is about books and articles you should...

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License an Invention to a Retailer

Once you have created your invention, the next thought is obviously “How can I capitalize on it?” One time-tested way of doing this is licensing your invention to a retailer who will bring it to paying customers. Retailers can be...

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How to License a Tool Product Invention Idea

Licensing a tool product invention idea starts with first preparing and protecting your tool invention. 10 Steps to Licensing a Tool Invention: 1. Initial Market Research 2. Technical Drawings & Costing 3. Physical or Virtual Prototype 4. Patent Preparation and...

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License Your Idea to a Manufacturer

If you do not want to go through all the time and hassle of bringing an idea to market yourself, there is an alternative: license your idea to a manufacturer. In doing this, you are granting someone else the right...

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Selling or Licensing an Automotive Patent

With the energy crisis and the worldwide push to “go green”, innovation in the automotive sector is at an all time high. This puts automotive patent holders in a prime position to sell or license their patent. However, it would...

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