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March 13, 2010The invention is a breakthrough in digital technology. No one has been able to achieve this before. Its usage covers many aspects including IT, telecom etc applications. This is a very important technology for the digital age and all companies will be very interested in acquiring it. Be able to establish direct contact with major corporations will eliminate agents and potential scams during the process.
Participate in Industry Events like Trade Fairs, Technical Seminars, etc. Also write a small Article in a Trade or Technology Journal, discussing the problem your invention solves or the Advantage it confers on the user. Make no mention of the Patented aspects of the Invention, but give sufficient hints that you have patented the solution and that Industry leaders are welcome to discuss modus Operandi for commercial explotation of the Patent. Since the critical areas are already patented , you can think of developing the commercial model and commence trial production for Test Marketing. This would help you to seek Venture Capital as an alternative to Partnership with the Giant corporations or outright selling off of the Rights. Ideally, you should sell the Rights only after a commercial profit of significant high proportion gets booked. It will give you far more bargaining power and fetch better price.
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Horaayy..there are 2 comment(s) for me so far ;)
Write a confidential letter to the CEO, with only brief description. You contact all reputed Companies, simultaneously. Normally you will be asked to provide more details about your invention. But safeguard it. Even when called for a face to face discussion. Keep the Key with you until all formalities are completed. Good luck.
References :
Participate in Industry Events like Trade Fairs, Technical Seminars, etc. Also write a small Article in a Trade or Technology Journal, discussing the problem your invention solves or the Advantage it confers on the user. Make no mention of the Patented aspects of the Invention, but give sufficient hints that you have patented the solution and that Industry leaders are welcome to discuss modus Operandi for commercial explotation of the Patent. Since the critical areas are already patented , you can think of developing the commercial model and commence trial production for Test Marketing. This would help you to seek Venture Capital as an alternative to Partnership with the Giant corporations or outright selling off of the Rights. Ideally, you should sell the Rights only after a commercial profit of significant high proportion gets booked. It will give you far more bargaining power and fetch better price.
References :
I am a Consultant for SMEs.