To: UnBlinkingEye
Good Luck. I hold over six patents and it hasn't helped me none. If you are the inventor it means nothing. What is important is whom is the consignee of the patent. They "own" it. If you have a unique skill related to that patent, and a company wants your help they will track you down. It has happened.
Patents can be accessed by a number of agencies. NERHA is one such. Companies usually don't lisc. a patent UNLESS there is absolutely no way around the design. Then, they will come to you. At that, they will either buy the rights to the patent outright (rare but happens) of offer a royalty fee.
In the Automotive world, especially with the big three the royalties can be as high as $0.25 per application. In the Consumer industry, expect around $0.03 per application. A good example is SILVERSTONE. You can get a generic Silverstone-like finish, but if you want to claim it to be "Silverstone" and marked as such you have to pay a $0.03 royalty per appliance.
Don't expect to make millions or thougsands on your invention. It is unlikely. The best way to profit from your technique or design is to apply for a grant and use the money to fabricrate your own devices. GOOD LUCK.
8 posted on
05/14/2002 10:10:04 AM PDT by
vannrox
To: vannrox
Thanks. I'm sorry to hear your patents haven't been commercially successful to this point, hopefully their day will come.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson