Inventors Handbook © Copyrighted, All Rights Reserved. 2008 3 He who builds a better mousetrap these days runs into material shortages, patentinfringement suits, work stoppages, collusive bidding, discount discrimination--and taxes." H. E. Martz This is patently absurd; but whoever wishes to become a philosopher must learn not to be frightened by absurdities. Bertrand Russell (1872 - 1970) Everything that can be invented has been invented. Charles H. Duell, Commissioner, U.S. patent office, 1899 (attributed) Inventors Handbook © Copyrighted, All Rights Reserved. 2008 4 TABLE OF CONTENTS
Introduction, Foreword, Overview And Layout Of The Book 4-7
Creation And Birth Of Ideas, Innovations, Patents And Brilliant Million Dollar Thoughts, Products And Services (From Need To Needed!) 8-18
Defining And Protecting Innovation – THREE QUESTIONS 18 - Is There A Need For This? - Is This A Truly Original Idea? - What Is The Potential Of This New Idea Of Patent?
Patents, Copyright And Trademarks 20
Packaging, Pitching And Presenting Your New Idea Or Patent 21
Securing Capital, Funding And Dollars 24
The Intricacies And Complexities That Are Contracts And Profits 27
New Economy And Online Marketing, Virtual Marketplace 30
How Licensing Helps You Optimize Your New Idea, Patent And Innovation 31
A Frequently Asked Question About Ideas, Patents And New Ideas 32
Conclusion 33-43
Glossary 44-50
Resources 50-54 To invent, you need a good imagination and a pile of junk. Thomas A. Edison (1847 - 1931) Inventors Handbook © Copyrighted, All Rights Reserved. 2008 5 Introduction, Foreword, Overview And Layout Of The Book For most of us coming up with our ideas, especially innovative ones sometimes seem like the easy part of doing things and making money off it, the harder, more challenging part of the equation and process! Both can be challenging. These days, working smarter, NOT harder, seems to be the way to go. Commodities, products, as well as innovations change with the times and advancements in society. New needs and demands drive the market and many capitalize on these types of opportunities. There are THREE main ways you can profit from a new idea:
Licensing to a manufacturer
Licensing to a full service firm
Manufacturing your product on your own It is all about limiting your exposure and financial risk as the ‘inventor’ . This guide is about how to make the most of your patents and new ideas. How to capitalize (make it count FOR YOU!) on what the market has to offer, tapping your ingenuity, innovation and invention, for all it has to give and MORE! It would attempt to answer some of the more practical questions surrounding how to get a million dollar idea to market, profit and pocket! But, what is an ‘idea’ and what does it have to be, in order for it to be considered ‘NEW’ or patentable? How can we make the most of these ideas? Inventors Handbook © Copyrighted, All Rights Reserved. 2008 6 These TWO questions will form the core of this brief musing provided here. Coming up with and making these ideas count, making money off them! How we deal with these ingenious IDEAS, moments, planned or otherwise, is enabled, regulated and governed by intellectual property rights and patent law. Patents have a direct relationship with ideas! How we bring them to market, how we improve them and how they are executed an dealt with in business is at the center of our musings here. Intellectual property and/or copyright, exclusivity or legal monopoly on ideas, relating to the use, copy, production, sale or other form of profitization from the idea or idea itself. Copyright for example does not pertain to the intellectual ‘rights’ or properties of an idea, just the usage and application of same. In business there are complex guidelines and rules governing ideas. Here are some examples of them: The FREE online encyclopedia (www.wikipedia.org) defines an idea (Greek:
) as a specific thought which arises in the mind. We would argue, in order for it to be new, you will either have to be the first person ever to think it up, OR be the first to market, to capitalize on it! We can come up with ideas all the time because of our human capacity for reason and self-reflection. Ideas give rise to concepts, which are the basis for any kind of knowledge, invention, innovation etc. Ideas can also happen spontaneously as well, without reflection or planning, sheer genius in-the-moment! All is possible…WELCOME TO THE WORLD OF NEW IDEAS! Inventors Handbook © Copyrighted, All Rights Reserved. 2008 7 (i) Confidentiality agreements (ii) nondisclosure agreements (iii) legal instruments that assist corporations and individuals in keeping ideas from escaping to the general public. (iv) covered by contract law Grab Your Copy For Only . . . $9.95 I know you will get something from this well written eBook! Remember: Knowledge is power - And Great Knowledge is Powerful. When reading an eBook can MOVE you - Isn’t that feeling worth the price of the wonderful read? ENJOY! APPLY! SHARE!

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