Hardware Podcasts

#046 - When not to start a startup - how to license your idea (Part 2), with Stephen Key of inventRight, USA

The Hardware Entrepreneur · 17 Jan 2018 · 28m

What this episode covers

Stephen Key of inventRight explains how inventors can license ideas using a Provisional Patent Application (PPA) instead of launching a startup, arguing that PPAs provide sufficient protection against copycats in fast-moving markets. He details the steps for writing a strong PPA, including conducting prior art searches and defining unique points of difference, while warning against relying solely on patent attorneys who may have financial conflicts of interest. Key also shares lessons from his career, such as the importance of working for startups early on and using non-disclosure agreements when seeking external help to avoid co-ownership disputes.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
inventRight, Lego, Amazon
Tools
Google Patents
Also
Kickstarter, Upwork, Freelancer, Fiverr

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