New Product Concept & Patent Rights
It is more difficult today to come up with a new product concept then it was 5-10 yrs ago.
I do have a bright and promising product concept which I think is quite genius (a toy).
However, how am I supposed to get it protected under patent rights?
What I know is that for global patenting the total cost is approx. US$20K.
Where am I going to get that much money? GoTo a sponsor and give them the idea, and forget the rest? How to trust? Or GoTo a well known toy maker and let them capture your idea!
I am sure there are experienced people on this forum.
May I ask for some suggestions?
Product development experience
Hi
I am a toy inventor and have licensed 35 toy game and gift items across the world.
We too have had 3 concepts/designed ripped off (one making millions of dollars), it's horrendous when this happens, you never get over it! The trick some player's use to do this is beautifully simple, especially those that will not sign off your NDA (Non Disclosure Agreement), and attitudes can be that if you want to present items to them it's on their terms. Now when they see something they like, very often you get "we are working on something similar", because by then they have seen your concept sheets and design's - it can then be a couple of years later that you find they are bringing the exact same thing out to the general market. In our case they were exact copies of what our detailed concept sheets! There is nothing you can do about it, except never present to these companies again. You have to learn by experience who are the 'good guys' to take concepts to.
You have to keep trying and eventually something does get through. We currently have a product that we invented here in the UK (called Cube World) that is starting to sell all across the world. The product is shown beautifully in the US TV advert shown on Firebox.com it can be seen on:-
http://www.firebox.com/index.html?di...oduct&pid=1201
Best Regards
Tony
Conceptioneering Ltd - Inventors of the award winning CUBE WORLD - Visit: http://radicagames.com/cubeworld/index.php
To see Product Innovation - visit our website at www.conceptioneering.co.uk