Invention Information Center

This is a Polson Enterprises web site.

• Invention Commercialization Process
  Steps and tools to commercialize an invention by licensing or manufacturing

• How to Conduct a Patent Search
  Step by step procedure for searching patents.
  

• Evaluating Inventions .pdf Adobe Acrobat document The process we use to evaluate and improve the Potential for Success of an invention.
  
  • Invention Evaluation Spreadsheet
    Excel spreadsheet for evaluating inventions

• How to Learn More About a Company by Examining its Products
  Procedure for "hands on" competitive product analysis.
  

• Economical Prototypes
  Independent inventor and small firm guide to constructing prototypes on a tight budget.
  

• Technology Forecast: A Customer Validation Tool for Emerging Technologies
  The basics of Technological Forecasting and TRIZ - how they can be used to determine if there is really a market for an innovative new product or technology, and how rapidly the new technology might "take off".
  

• Industry Research Desk
  Clearing house to several market research tools.
  

• How to Research the Industry Relevant to Your Invention
  Oklahoma Inventors Congress Annual Meeting Presentation 11 August 2007

• Invention Commercialization Tips for Specific Industries:
  • Weight Lifting Inventions: How to Successfully Market Them

  • How to Develop a Boating Invention

  • Marketing New Marine Drive Concepts Similar to Outboards and Stern Drives: a Difficult Path for Independent Inventors and Small Companies

  • U.S. Commercialization of Innovative, Propeller Driven, Recreational Marine Drive Designs

• Market and Industry Research
  • How To Learn About an Industry or a Specific Company
    Several steps and tools for learning about your invention's industry, indentifying potential licensees, and learning more about them.

  • Industry Portals
    Major hubs of online activity for over a hundred industries. Great places to learn about an industry.

Is Your Business Idea Feasible?
Arkansas Small Business Development Center Business Blueprints

A great, FREE 60 page tool to evaluate the ability of your invention to make money. Thats what it all comes down to. Your invention has to be profitable to make it in the marketplace. Even if you plan on licensing your invention, we strongly suggest you follow this process from the standpoint of a potential licensee so you can see the financial picture from their side of the fence. If its not a money maker, it will not be a success in the marketplace.

Although this study was done primarily to assist those considering forming small business to pursue existing types of business, it translates very well to inventors evaluating the financial feasibility of their invention, as well as assisting inventors in estimating their own business skills and forcing them to put things down on paper.

Its a great prelude to a business plan. Use this tool. You'll be glad you did!

Patent it Yourself and The Inventor's Notebook are both great books for inventors. I have been using a copy of Patent it Yourself since 1991 and referred to it hundreds of times over the years. Its an easy read and does a wonderful job of teaching your the ins and outs of the patent system. Even if you dont plan on writing your own patent, it will help you get a much more effective patent from a licensed patent practicioner by helping you be better informed and more prepared. You may also have more insights into your own highly specialized invention than your professional help and guide them to certain things that specifically need to be covered. These are the two "must haves" for Independent Inventors. Get yours today from Amazon!