by Alan | Sep 3, 2015 | Innovation, Invention, Invention failure, Licensing, Royalty rates, Why inventors fail
You presented your innovative new product to a manufacturer and great news, they are proposing a licensing deal to you! Congratulations! Inventors often spend years attempting to license their product unsuccessfully. Now don't kill the deal before it is done! Many...
by Alan | Jun 27, 2015 | Career success, Innovation, Invention, Invention failure, Keys to Success, Marketing, Patent Search, Patent strategy, product pricing, Success rates, Why inventors fail
Every great invention begins first with an idea, an aha moment. Dealing with problems often points to unexpected opportunities. Not surprisingly, many invention ideas are solutions to annoying problems. Now that you have your aha moment, your great idea, what should...
by Alan | Jun 13, 2015 | Career success, Innovation, Invention, Invention failure, Keys to Success, Marketing, Patent Search, Patent strategy, product pricing, Success rates, Why inventors fail
Like most businesses, invention has its myths and its maths. Myths are beliefs that, while intriguing and enticing, simply are not true – they are myths. Maths are the opposite of myths; they are concepts that are intrinsically true, but, far from being...
by Alan | Feb 7, 2015 | Crowd funding, Ideas, Innovation, Invention
Ever since the so-called Great Recession of 2007 – and the subsequent tepid economic recovery that followed – the media is replete with gloom and doom forecasts for a dismal future in the US. Do a Google search on is the US losing its competitive edge and...