#22 Tips on Licensing Your Product Invention + A Warning About Inventor Coaches & Submission Companies with Warren Tuttle
Description
In this video, patent attorney John Rizvi, The Patent Professor®, interviews Warren Tuttle.
Warren Tuttle has for many years overseen the Open Innovation product programs for several industry leading companies. Warren has initiated well over 100 product licensing agreements that have collectively generated over a billion dollars in retail sales. Warren is also a well-known advocate for inventor rights and the author of the book Inventor Confidential: The Honest Guide to Profitable Inventing.
Warren talks with The Patent Professor® about what inventors should know about approaching a company with an open innovation program -- meaning that the company accepts product idea submissions from individual inventors.
Warren also discusses scam artists who prey on inventors, including invention submission companies and coaches, and reveals red flags that should give product inventors pause before paying a company that claims they can help inventors license, sell, or otherwise commercialize their inventions.
Finally, Warren offers solid tips to inventors who want to license their invention.
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