Outsourcing the licensing and development of an Idea
I reviewed a company today, Davison Design that offers support in reviewing ideas that might be developed, patented and licensed under a brand name. They offer for a fee services to walk you through the process, help develop your idea and make it marketable get patents under way if appropriate and work to set up a business agreement to get the product to market.
As an information maven, myself and many of my readers think of, learn of and develop many many ideas. Typically, we are the gather’s of this information as the theory goes. To actualize our concepts we need to similarly gather or marshall the proper resources to make the concept a reality, enter Davison Design.
In the current landscape of the business world it is very easy to outsource components of a business and build a business model like an adolescent would build a castle with legos. However, it takes a lot of know how about the best processes of running the business components to insure that things are not only done correct, but also to insure that things are done in a manner that realizes their maximum potential.
Many business models like this have been setup on the web to cover shopping carts and online stores and more, the concept of building out a business and putting the knowledge to work takes moves one degree further out of the box.
Here is an excerpt of their 12 step approach to this process.
| Step 1: | Complete our free information form and we will rush you information on pursuing your idea/invention. |
| Step 2: | Within 5-7 business days, you will receive an 8.5 x 11 first class mail envelope containing our brochure and confidential submission form. |
| Step 3: | You review the information, and if need be, receive assistance from our staff in completing the form. |
| Step 4: | You complete and return the confidential idea submission form. |
| Step 5: | Your idea/invention is reviewed to determine if it falls within our scope of services. This is not a review based on patentability or marketability and is not considered a method of choosing or selecting your concept over another submission. |
| Step 6: | You are contacted for a no-cost confidential discussion regarding your idea/invention. |
| Step 7: | If we can offer services, product design research will be conducted on your idea/invention for a fee. |
| Step 8: | We offer contingency representation and attempt to identify corporation(s) that could be a match for your idea/invention. |
| Step 9: | We prepare your idea/invention for presentation to a corporation for a fee. |
| Step 10: | Materials we prepare are presented to you for your review and approval. |
| Step 11: | Once materials are approved by you and additional protection is in place, we ship the product or presentation materials to the corporation. |
| Step 12: | We attempt to license the idea to the corporation if there is interest in the idea/invention. |
I’m going to continue my review after I get some information from the company next. I’ll keep you posted on how this process goes, and will outline some alternative options in upcoming articles from tracking down manufacturers by yourself to walking through the patent process.
Page Popularity for Site: 2% [?]

