Admittedly, saying goes: Necessity is the
mother of invention. So many ordinary persons think of approaches as
solutions to every day tasks that also often qualify as invention.
Often these outlier individuals who come up with invention ideas
have no money to protect it or to have it developed for licensing;
yet the inventions underlying technologies have the potential for
being viable and are usually lost without the development.
These ordinary inventors can have the
invention underlying technologies
still developed for them even when they can not, and by simply
submitting the invention idea as advised here. Associated
benefits of this relationship are as listed.
Naturally as a Technology Brokerage Division, the object of the
business is always to become a technology licensing broker, so all
non directly brokerage activities are ancillary to the object.
Generally an invention idea is
submitted following a set of Confidential Guidelines for evaluation
of viability for brokerage. The first step of the evaluation is
concept validation, and this is achieved with a Computational
Concept Validation. Subsequently the applications as suggested by
the Inventor of use of the invention are evaluated by Viability
Analytics evaluation to ascertain the viability projecting into the
economy both in the immediate and in the future.
For inventions determined to be
commercial, the inventor is then provided a signed brokering
Contract and the invention is transferred for development.
The firm often entertains
invention-ideas in the manufacturing industry as concept validation
can be readily performed computationally to the end of deciding the
adoption qualification o he technology prior to investing funds on
if found viable then the invention is transferred to an Affiliate
R&D laboratory to develop the technology for the benefits of the
inventor. The inventor is informed when the development is complete,
and the licence application is filed in the country of residence of
the inventor at the time the invention was forwarded.
Additional rights as appropriate
are transferred to the inventor following the securing of the
pertinent IP on the invention