All the goods you use every day have been invented by someone. Whether accidentally or intentionally, some inventions become essentials for everyone, and others are just for ‘targeted’ users. Some of these products are so weird that you probably wonder who needs them and who buys them at all. And then you see the power of quality advertising.

All inventors used to be in the beginning, when the only things they had were the concept (or a scatch) and the knowledge about it. If you have designed something new that you want to patent and then make some money from the sale, you probably have a lot of questions and dilemmas.

Some inventors decide to reach the market alone. And that’s the harder and more demanding way. A better solution is to find partners who are engaged in in-house product development but also work with independent inventors on enhanced product development. Their help can significantly shorten the path of your product to the market and end-users.

Realization of the Idea

When you have a good idea or just a rough drawing of something you are convinced it can succeed, the next step is realization. If you have all the conditions, resources, and experience to turn the concept into reality, go for it. And if you can test the product yourself before a relevant institution does it, you have completed a great deal of work.

However, the situation is often not ideal, as all of the above steps often require a significant budget. Most often, product development does not cost as much as various checks and tests can cost. If you don’t have enough funds, finding a sponsor can be a potential solution.

Further steps, such as patenting and licensing, are certainly not possible before tests confirm the product’s usability, effectiveness, and safety of use. If you are stuck in this part of the invention commercialization process or have not yet reached it, you may need professional help.

That could be some firm that designs and licenses the inventions. In collaboration with a team of designers and fellow inventors, you can realize your idea, start testing, and make the necessary changes. Therefore, this company helps inventors and doesn’t take all the credits when the products make a successful breakthrough in the market.

Securing Patents

For this step, inventors can seek the help of a company, or they can do product copyright protection with a lawyer (whose profession is copyright). If you opt for professional assistance from a partner company, they will require you to do one part yourself, which is to obtain a provisional patent application. Why patent protection is a must, see below: https://www.hg.org/legal-articles/why-you-need-patent-protection-for-your-invention-18089.

With this document, inventors (or entrepreneurs) can verify the uniqueness of their inventions and capabilities in the market before they finally protect their rights to a particular product. Before that, the authors can also perform the necessary changes. Another advantage is that it is possible to sell the patent (to a company like Enhanced Product Development or a third party) only after completing a provisional patent application.

Finding a Reliable Partner Company

The hardest part after developing the invention is presenting it to the world. You need to find a corporative partner that will produce, distribute, and sell your new concept. Reaching them can be a daunting task as it requires extensive market and company research, attending various events where you will be presenting your invention, etc. All this requires some funds, and here you can find one way to get them.

When you have a team of experts with you, this part of the commercialization process will be much easier. From the existing database, this team will try to find a reliable partner for you. This company should meet the criteria in terms of complementarity with your idea and product.

The goal is for the inventor to ‘click’ with the prospective partner. When that happens, the product gets the license, the inventor receives royalties, and the partner company gets a new source of profit. It’s a win-win-win situation.

Each commodity finds its customer; your invention just has to reach them. Easier said than done, but with today’s technologies, communication methods, and a reliable partner, you have a global market at your disposal.