3 ms·
I understand the basic process of licensing a product is this: 1) File for a provisional patent (cost $110), this will get you a year of weak to moderate legal
by cjlars 17y ago
I understand the basic process of licensing a product is this:
1) File for a provisional patent (cost $110), this will get you a year of weak to moderate legal protection
2) design, mock-up and create a sales page for you product
3) attempt to license the product to a partner, in this case, a packaging or manufacturing company.
4) in the unlikely event anyone wants it -> profit
5) otherwise, go back to the drawing board, content in having pursued it.
Net outlays, probably less than $1,000, and perhaps 40 to 200 hours of work.
This guy's a wealth of information for this stuff, btw:
http://www.inventright.com/ http://www.inventright.com/
Also: Provisional Patent info:
http://inventors.about.com/od/provisionalpatent/a/Provisional_Pat.htm http://inventors.about.com/od/provisionalpatent/a/Provisiona...