How to Bring Your Invention to Market Here's a step-by-step process for turning a good idea for a new invention into a financial success.

You do not want anyone making improvements to your invention and later claiming co-ownership. — Three to five bullet points that list features. — At the bottom, your contact information.

The government will grant a patent, together with exclusive rights for a limited time, provided, however, that the inventor explain in specific detail how to make and use the invention covered by ...

Following the pattern of classic business transformations, AI is moving from invention to innovation, writes guest author Bob ...

A successful inventor is guided by what is important to the user who will benefit from the invention.

Look for specialty stores that make a good showcase for your invention. As your product becomes successful, use that success as a selling point when you pitch your invention to a big corporation.

Intellectual property that you can use to raise capital or secure a licensing deal describes variations. Not only of your invention — also the innovation.

Make sure no one else has a patent for your invention. Then it's time to make the big decision. Step 3: License or manufacture it yourself ...

But then comes a difficult decision. How will the inventor make money from it? Should he license the invention to a third party, or should he manufacture and market the invention himself?

Know the difference between an invention and innovation. An invention is creating something that doesn’t previously exist, says Ken Parker, 53, who heads the product development team at Jarden.