Posts tagged Upfront Fee

IntroductionIn this article arguments are made against third party invention evaluation offers. The opinion expressed is that they give the inventor any useful information and are generally just based on an opinion. An inventor may receive a positive or negative evaluation but in either case the inventor may not know how to proceed.Moreover, an invention with a positive evaluation could fail because of factors not considered in the evaluation.On the other hand, an idea with a negative evaluation could very well succeed. A negatively evaluated invention or idea could perhaps be modified in such a manner as to improve the chances of success. Maybe if the business model were changed to target a different market or application, the chances of success could be greatly increased.The purpose of this article is to give my arguments against general third party invention evaluation offers, and to describe to inventors/entrepreneurs a method for an evaluating the market potential of their idea or invention. In addition this method can be used to monitor their operations, if they decide to manufacture and/or sell their product themselves.One Size Fits All Snap Shot Invention EvaluationThe arguments… More >>