Resource Articles
Navigating Licensing Agreements: Setting Realistic Expectations
We will outline essential strategies for you to set realistic expectations & take precautions when navigating licensing agreements to protect their intellectual property & foster successful partnerships.
By MarketBlast
Managing Your Expectations about Royalties
Inventors considering licensing agreements as a way to monetize their invention must manage their expectations regarding royalties by understanding market potential, competition, commercial success, bargaining power, & exclusivity.
By MarketBlast
License Agreement Components: A Guide for Novice Inventors
This article provides you with insights into license agreements, including key definitions, royalty calculations, & the importance of advance payments, enabling you to confidently navigate negotiations and secure profitable deals.
By MarketBlast
Crowdsourcing Your Invention Funding
Crowdsourcing offers inventors an effective funding model that allows them to secure financial resources, validate market demand, & engage with a supportive community, thereby transforming innovative ideas into viable products despite budget constraints.
How to Make Your Innovative Ideas Profitable
Invention ideas hold the potential to transform industries and generate substantial income for their creators, requiring a strategic approach involving creativity, commercialization, market understanding, legal protection, and persistence.
By MarketBlast
Exploring the Top Free Tools for Patent Searches
Free patent search tools empower inventors and entrepreneurs to assess the novelty of their ideas, access valuable patent information, and navigate the intellectual property landscape with ease.
By MarketBlast
What to Do When Similar Products are Already on the Market
When facing similar products in the market, inventors can create a unique product by analyzing competitors, conducting market research, and differentiating through unique value propositions.
By MarketBlast
How to Navigate Interviews with Prospective Companies
Navigating interviews about your invention requires you to be transparent about confidentiality, emphasize the invention’s benefits, prepare responses, & seek out legal advice early in the process.
By MarketBlast
How to Develop a Tangible Product
Moving beyond idea generation to develop a tangible solution is essential for inventors to validate their invention’s viability, attract investment, secure intellectual property, and achieve real-world impact.
By MarketBlast
Maximizing Success by Investing Wisely in Your Invention
Maximizing success with an invention requires strategic investments in intellectual property, branding, marketing, prototyping, partnerships, and financial planning to enhance market readiness and profitability.
By MarketBlast
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