your invention ideas

your invention ideas
People come with great ideas all the time but very few do anything about it. This may be partly due to the secrecy around the development and promotion of new ideas and this article is designed so that the process clearer. It is simple three steps process with a choice between two routes at the end.

Step 1: The first step is to determine whether the idea is original. The individual can do a certain amount of research on the Internet itself, to see if they find the idea online. But the best way to ensure that the idea is original, the Commission has a worldwide patent search. This costs about £ 600 and make sure that a consultation with an expert in the field of inventions is included in the price.

Step 2: Options for protecting the idea. Take advice from someone with experience in this area the best way to protect the particular idea. This is probably a patent or registered design or both. (There is no point trying to do this step until the worldwide patent search was. Otherwise, a lot of time wasted is the registration of patents only to find someone has it first.)

Step 3: Design and development of the idea and produce presentation boards so the idea can be presented to interested parties. Create a prototype made to ensure the best idea to explain, but this is not always necessary and can be expensive.

There are now two options to choose form.

Route 1: Sell the idea to someone else for them to access the market.

Route 2: The Inventor, the hard work to market the idea themselves.

Route 1 is cheaper, but the inventor receives only a small percentage of payment for each product the company sells. This is usually between 5% and 10% of the ex-works price, depending on how much they like the idea and how close to the production of the idea.

Route 2 is much more expensive, albeit with the professional presentation (step 3) an investor could be persuaded to come on board at this point to contribute the remaining work. These investors are often referred to as "Venture Capitalists". "

This is a simple guide to the steps. There is a lot more information to use in about every step and, ideally, you need a professional company invention, which will take you through the process. Online check to ensure that there is no bad press about the invention of companies selected, before a money unfortunately there are some sharks out there!

Design innovations are a company with experience developing new inventions: