Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
(OP)
Hi
Sometimes I get to think of some solutions/ ideas related to automotive or industrial field and some the ideas are related to environment.
So would it be profitable to introduce such ideas to specialist company (e.g. for Automotive I contact BMW/ Nissan)
Can I sell such ideas? Any help of the steps?
Is there a possible way to protect my rights of any idea?
Could it be done through Internet communication only?
Regards
Sometimes I get to think of some solutions/ ideas related to automotive or industrial field and some the ideas are related to environment.
So would it be profitable to introduce such ideas to specialist company (e.g. for Automotive I contact BMW/ Nissan)
Can I sell such ideas? Any help of the steps?
Is there a possible way to protect my rights of any idea?
Could it be done through Internet communication only?
Regards





RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
That is a big difficulty for me to make the idea works to get a patent. And I don't work for an Automotive company.
For an idea to be patent, can't I just prepare a theoretical descriptions, with sketches and so on?
Thanks again
RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
From my experience, the sequence of events goes something like this:
- Keep rigorous notes & records of your work that led to the development of your "new idea." In the event of legal battles, this will be critical.
- Write a patent disclosure. This is "stake in the ground" that establishes precisely WHEN you thought of your idea.
- Patent research to discover "prior art" or whether somebody has filed something similar before you did.
- Work with the Patent Attorneys to write the patent application that doesn't infringe on existing patents or disclosures.
- Many revisions to fine-tune the words, lots of $$.
- If all goes well at the Patent Office, then you eventually get a patent issued.
- Sell the rights to the patent. Retire to Fiji.
This is the only valid, commerically legal / liable way I know of "selling an idea." Anything less than this leaves your Intellectual Property unprotected so that others can claim the idea was theirs first and reap the rewards.By the way, I DO NOT live in Fiji. I don't know anyone who does.
TygerDawg
Blue Technik LLC
Virtuoso Robotics Engineering
www.bluetechnik.com
RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
This is a common misconception. You do not need to reduce to practice to get a patent. Otherwise, the patent office would not be able to reject perpetual motion machines out of the box.
Generally, a patent will protect you, given sufficient resources to pursue the infringers in court.
But, getting and maintaining a patent is fraught with costs or pitfalls:
http://www.ehow.com/info_8063174_average-cost-pate...
TTFN
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RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
Many of the auto OEMs used to have something called a "New Devices Section" where ideas could be submitted. But for an individual with a device that has not been thoroughly tested and developed it is virtually impossible to get interest from an OEM. As the old saying goes, "Big companies don't pay to develop new technology. Instead, they pay to purchase technology that has already been developed." It has to do with modern publicly-held companies having a strong aversion to the financial risk accompanying development of new technologies.
Here's a link to GM's New Devices Section: http://www.gmideas.com/gmideas/ideas?action=NewIde...
Good luck.
Terry
RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
RE: Is it profitable/ How to sell new ideas to Automotive/ Industrial companies?
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