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From Patent to Profit, Third Edition
Secrets and Strategies for the Successful Inventor

Bob DeMatteis

 

ISBN: 0-7570-0140-8
Length: 304 Pages
Size: 8.5 X 11-inch
Format: Quality Paperback
Category:
Technology / Reference
Price: $29.95 US / $44.95 CAN

Availability: In Print

 

Contents

Reviews

Having a novel idea and turning that idea into cash is not as simple as it sounds. The process of creating an invention, protecting that invention, and bringing it to the marketplace can cost you a bundle. In today's highly complex and competitive world of business, not knowing what to expect and what to do will almost always guarantee failure. To help innovative individuals learn to navigate around the many pitfalls of inventing, Bob DeMatteis has written an up-to-date guide to all the important steps involved in the invention process.

Bob DeMatteis is a brilliant inventor. He has been directly involved in every phase of the inventing process--creation, patenting, licensing, manufacturing, and marketing. He has made his share of mistakes, and has learned from them. He has also had tremendous successes, and learned from them as well. Now Bob DeMatteis has taken his accumulated knowledge and turned it into a well-organized handbook for inventors. The information, forms, insights, and advice found in this book are reliable and easy to understand. The guidance offered by Bob DeMatteis will allow any individual with a creative streak to sail around potential problems and set a course towards a successful launch.

Whether you are a professional inventor, a part-time dabbler, or just a clever daydreamer, From Patent to Profit can help make your dreams a reality.

Bob Dematteis is the inventor-marketer of twenty U.S. patents that have been licensed and successfully commercialized. He is the founder of the From Patent to Profit ¨ and the Patents in Commerceª training series, two programs designed to help and assist fellow inventors. He is also a Certified Seminar Leader ¨ and an adviser to several small company-development organizations. Mr. DeMatteis has cowritten several books in the area of invention, including the best-selling The Patent Writer.

 

Contents

Preface
Introduction

PART I--INVENTING

1. INVENTION DEVELOPMENT AND DESIGN
Keys to Success
Patent Prowess
Take Action
Development Objectives
Ongoing Evaluation and Research

2. DESIGN AND DEVELOPMENT STRATEGY
Three Keys to Developing Inventions
The Strategic Guide System
Seven Benchmarks to Profit
Benchmark #1: Protect Your Idea
Benchmark #2: Conduct a Patent Search
Benchmark #3: Evaluate Marketability
Guiding Principles for Evaluating Marketability
Benchmark #4: Learn About Manufacturing
Benchmark #5: Prototype Your Invention
Establish Prototyping Partnerships
Benchmark #6: Secure Marketing
Benchmark #7: Write and File Patent Applications
Last but not Least ... Improve Your Invention

3. CUSTOMER-DRIVEN INNOVATION
The Customer Driven Philosophy
Applying CDI
CDI Benefits Defined
Making Inventions People Friendly
The Best Kept Secrets of Great Inventions

4. ASSESSMENT, ASSISTANCE, AND PROBLEM SOLVING
The Assessment Process
Buying Influences
Measuring Your Assessments
Problem-Solving Methods
PQM and Design
Assistance

PART 2--PATENTING

5. PATENT BASICS
Patents Are Assets
What Is a Patent?
What Rights Do Patents Grant?
Who Can File?
Requirements for Granting Patents
Related Forms of Intellectual Property
Patent Laws and Processes

6. PATENT STRATEGY
Patent Protection Scope
More About Other Patents
Multiple Inventions
What You Do Not Want to Patent
Invention Disclosures
Patent Searching
Writing and Filing Strategies
Prosecuting Patent Applications
Patent Quality Management

7. WRITING PATENT APPLICATIONS
Strategy for Writing a Utility Patent Application
Writing a Patent Application
Compiling Drawings
Completing and Reviewing a Provisional Application
Claims
Supporting Documents
21st Century Strategic Plan

8. PROTECTING YOUR RIGHTS
Knock-Offs and Patent Infringement
Patent Infringement Strategy

 

PART 3--MARKETING & MANUFACTURING

9. INNOVATION MARKETING
The Right Invention Marketing Philosophy
The Niche Marketing Philosophy
Marketing Opportunities
Creating a Price Structure
Building Barriers to Entry
Packaging
Marketing-Related Buying Influences

10. MARKETING AND MANUFACTURING STRATEGY
Two Strategies and Seven Approaches
Financing Your Inventions
Strategy Is a Team Effort
The Partnering Process
Finding and Interviewing Manufacturers and Marketers
Confidentiality Agreements
Business Plans and Prospectuses

11. MANUFACTURING PARTNERS
Reliable, Cost-Effective Manufacturing
Choosing Domestic or Foreign Partners
Finding, Interviewing, Evaluating Manufacturers

12. MARKETING  PARTNERS
Your Sales/Marketing Objectives
Marketing Strategies
Choosing a Partner
Put it in Writing

13. LAUNCHING A NEW PRODUCT
The Launch Is a Three-Phase Process
Phase One: The Market Approves the Final Prototype
Phase Two: Consumer Trials and Test Marketing
Phase Three: Ramp it Up!
Continuos Improvement to Ensure Product Longevity

PART 4--LICENSING

14. LICENSING BASICS
Basics of Licensing
Approaches to Licensing
Anatomy of a License
Manufacturing Agreements

15. LICENSING STRATEGY
Your Licensing Objectives
Exclusivity, Nonexclusivity, and Variables

16. THE LICENSING PROCESS
The Licensing Plan
The Licensing Mindset
Objections From the Licensee
Human Nature and Licensing

Conclusion

Appendices
The Strategic Guide Chart
Inventor Books, Materials, and Software
Innovation and Intellectual Property Workshops and Training
Government Assistance and Inventor Organizations
Helpful Inventor Links and Resources
Licensing and Marketing Contacts
Trade Magazines
Prototyping and Manufacturing
Product Design and Manufacturing Assistance
Patent Attorneys and Agents
Patent Searching
Internet Newsgroups
About the Author
Index

 

Reviews

"Offers a guide to all the steps in bringing a product from drawing board to market."

Investor's Business Daily, November 2004

 

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