Here are some frequent asked questions that inventors ask about the invention process, bringing a new product to market, and the product development process. Below are the top two, and we will be sure to post more as we receive more questions from Inventors.
1. I am worried that somebody will try to steal my invention idea. How can I make sure that my invention idea is safe?
The short answer to this question is that you need a patent to protect your invention. But since you can not patent an idea, you’ll need to do some work to get to the point where you can get a patent. There are many other things you can do to protect your invention idea prior to obtaining a patent. As the old saying goes, knowledge is power. By completing research about the product development process of turning your invention idea into a new product, you will gain much of the knowledge needed to protect your idea. Remember to maintain confidentiality while you are doing your research. See the Steps of the Invention Process page to learn more about what you should do before obtaining a patent.
2. I would really just like to sell my idea, but not be involved in the process of turning it into an actual product. Who will buy my invention idea?
Realistically, your chances of selling an invention idea are slim to none. If you truly have a good idea and are serious about profiting from it, then there is some work that you should be willing to do to develop your idea enough to the point where you can get a patent and then sell the rights to your patent. Once you have a company that is willing to buy the rights to your patent, you have achieved the most basic way of being able to sell an idea and can remove yourself from the process of manufacturing the product.
InventMyIdea.com has the information and resources you need to start earning Cold, Hard Cash from your Invention Ideas!