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anthony




PostSubject: help   Mon Aug 31, 2009 2:31 pm

What about collabrating with R & D company . Has anyone have any experience with this .
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former mentor




PostSubject: Re: help   Wed Sep 02, 2009 8:17 am

Hi Anthony,

In inventing/product development there are many times when collaborating is the way to move forward on your project - We call that “Share Equity”. It’s basically where you start a small company around your product and the R&D Company does all their work for a share of the ownership in the company. Any patents awarded to the invention are assigned to the company and the owners, who may be you, a patent lawyer, the R&D company, a sales rep, the packaging designer, an accountant, even in some cases the fulfillment company or a manufacturer – all the disciplines needed for the overall process.

Share Equity is a great way to collaborate and get your product to the market without using your own money – however, these people all have experience in the business so in order to get them on board you have to have a great product that will sell.

Hope this helped
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