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  1. #1
    thoughtsinmotion is offline Junior Member
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    How to sell a patented idea?

    So I have an Idea I'm looking to patent. My intentions are to get this idea patented then sell the idea to an existing company i.e. Kodak. I would like to do so without the assitance of a middleman firm i.e. TakeMeNational.com. Any suggestions?

  2. #2
    akula's Avatar
    akula is offline Moderator
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    Quote Originally Posted by dslackman View Post
    It can be done, but selling a patent can be very difficult. I suggest...
    > have a market assessment done by a reputable organization
    > try selling your product so you have real marketing & cost data to show Kodak
    > in addition to your patent attorney, get an attorney who specializes in licensing.

    Consider....
    When Alexander Graham Bell received his patent for the telephone he tried to sell his patent. Western Union turned him down. Is your idea better than the telephone?
    wtf are you talking about
    "Is your idea better than the telephone?"
    that's not even proper language

  3. #3
    akula's Avatar
    akula is offline Moderator
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    Quote Originally Posted by thoughtsinmotion View Post
    So I have an Idea I'm looking to patent. My intentions are to get this idea patented then sell the idea to an existing company i.e. Kodak. I would like to do so without the assitance of a middleman firm i.e. TakeMeNational.com. Any suggestions?
    it's tricky
    there is no central electronic market for trading patents
    if you want to sell/assign a patent, you've gotta approach buyers directly or go through brokers
    it'll be hard for you to approch people directly because you wouldn't know who to approach or how to pitch

    WIPO did put up a discussion paper about creating an online market for patents buy I haven't read it
    http://www.wipo.int/about-ip/en/stud...ub_489_ch9.pdf
    maybe there's some info in there

    my suggestion for you is to scrap this notion of registering some patent for some invention that you have...that's boring as bat shit. doing this will cause you endless heartache.
    instead, i advise you to recognize a much wider problem
    the problem is that out of all the patents registered with your relevant authority, less than 1% would be actively commercialised
    remaining patents are those where the inventors have paid all the fees to register their inventions and are now siting around going "awww, this was gonna make me rich, but all I have is this huge bill from my lawyer. I wish I could sell or licence this thing"

    what you can do is set up a shop that helps these people..become a broker. help people sell/assign their patents.
    Last edited by akula; 10-05-2010 at 12:53 AM.

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