Taking advantage of someone else’s invention

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If you’re serious about innovation, you have to be willing to take your product idea all the way to market. That process can be long and competition can be tough, so you may tend to keep your ideas secret until you’re ready to exploit them.

You may get advice to apply for a patent to protect your bright idea, but applying for a patent is complicated. Even if you start off enthusiastic; eventually you may become discouraged, and your invention may never get off the ground.

Patent applications take time – years in most cases – it is a process that requires serious money and endless energy. Even then, there’s no guarantee a patent will be granted.  

Before you decide to patent your own idea, think seriously about how much time and money you are willing to invest. The timeline for patent application may not fit with your plans for commercialization. You may run into delays, or a competitor may get to market before your patent is approved, making a huge difference as to whether your idea is successful or not.

There are other options for getting a new innovation to market. Rather than coming up with your own invention, you can buy or license an idea that already has a patent.

Buying and licensing other people's patents

At Invaluable Inventions, we do all the hard work so you can profit from our patented ideas.

Working together, we can turn ideas into opportunities for commercial success. 

When you buy or license one of our existing patented ideas we pass rights to you to market, manufacture and make money from that product. A patent gives you sole right to manufacture a particular invention. You get the opportunity to take a unique product to market, and Invaluable Inventions gets the opportunity to create new ideas to take through the process of innovation all over again.

We have a healthy pipeline of new ideas we’re successfully introducing to the market. If you are interested in any of these product ideas, let’s talk.

Invaluable Inventions ideas include:

Our most recently patented idea, the Self Shredding Label design is officially US Patent No. 9,779,641. This simple label makes it easy to destroy personal information at the pull of a thread. It’s an innovative solution to identity theft, and it’s also available for you to buy.

We have a particular interest in smart health and hygiene products, privacy protection and personal security. Our mission is to improve daily life one invention at a time.

If you are interested in purchasing a patented invention, please get in touch.

Still keen on your own idea or invention? Our team of mentors can help you take your idea from concept through to profit.  We’d love to hear from you.

 


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