Human inventions and technologies have shaped civilizations and transformed life on the Earth. As expectations and capabilities evolve, each generation cultivates its own set of innovative thinkers. Right from the invention of the wheel to the development of the Mars rover, a large number of these inventions have been truly revolutionary, even if hadn't been so obvious at the time. Most major inventions don't have just one inventor. Instead, they have been ...Read More
There are things that all inventors have in common: an idea they’re passionate about, the resourcefulness to put it to life, and the organizational skills to put it on the market. These skills aren’t always easy to come by, but to the skeptical idea holder, they can seem unattainable. One may hear success stories about the light bulb, the telephone, or even the personal computer. All of these individuals made ...Read More
Just because all products must be manufactured to reach the marketplace doesn’t mean YOU need to be the one to manufacture your invention! There are 3 ways to take an invention to market that you can consider, then decide which option is best for you. What we often hear from inventors is this: “I have a new invention that I’ve been working on. I’ve done my research, I’ve filed for patent protection, ...Read More
I have a new invention idea… now what?
When you do come up with that new idea, there can be a lot to think about. How will it work? What problem does it solve? Who will be interested in the idea? What’s my next step to show my idea? But, one of the things that should be at the top of your list is protecting the idea right away. This wasn’t the case a few years ago when inventors ...Read More
3 Tips for pitching your invention to companies
If faced with this opportunity, there is no need to be intimidated. We have pulled together some guidelines on what makes a great product pitch. The following tips can apply across all categories of products. If you are meeting with a company in order to pitch your invention, whether it is a household gadget or a medical device or a hardware tool, the bottom line is that proper preparation will ...Read More
5 valuable things you should know about patenting your idea
1. File your patent sooner rather than later. As of 2013, the United States switched from a “First to Invent” to a “First to File” patent system, which means that rather than the Patent Office granting a patent to the first person to invent something, it now goes to the person who files a patent application first. It is now very important for inventors to file for patent protection as soon as ...Read More
What does it mean to license your invention for royalties?
If you are not familiar with the term “license”, think of it as a way of renting your invention as opposed to selling your invention. A license agreement is when the inventor [licensor] agrees to let a third party [licensee] commercially use his or her invention for a period of time in exchange for some form of compensation, which is usually an ongoing payment called a royalty (described below). One big advantage of licensing ...Read More
Congratulations to the Inspired Home Show on Another Successful Year
For the 12th year, InventionHome has sponsored the Inventor’s Corner at North America’s largest home products trade show, The Inspired Home Show. This past weekend the Chicago show hosted hundreds of product companies from around the world, including Newell Brands (Rubbermaid), Sterilite, Chefman, Whitmor, and National Presto, all of which proudly exhibited their products and brands for retail buyers and executives. The Inventor’s Corner provided a dedicated area for smaller brands and ...Read More
InventionHome Sponsors “The Inventors Corner” at The World’s Leading Home + Housewares Marketplace for the 12th Consecutive Year
We are excited to partner with the International Housewares Association (IHA) as they prepare for North America’s largest home products trade show, The Inspired Home Show. InventionHome is a mainstay sponsor of the “Inventors Corner”, which is among the top destinations at the show year after year, and one of the best venues to introduce your product to the housewares industry. Each year, the Show brings together more than 60 independent ...Read More
How to save money on prototyping your invention, while increasing your chances of landing a royalty deal?
If your goal is to license your invention to a company for ongoing royalty payments, you will more than likely need patent protection (at least a provisional patent application on file) and some form of prototype or design to showcase your idea. Depending on the complexity of your invention, developing physical prototypes can get costly for inventors. To increase their chances of success in presenting inventions, many inventors are turning ...Read More