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I’ve invented somet...
 

[Closed] I’ve invented something. Approaching companies advice.

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Unless this invention will sell in huge quantities (millions) I can't see it being worth patenting. You're best off looking for a licensing deal but how you go about that I have no idea (I assume as someone posted you'd want to have an NDA in place before you discuss but if what another poster said is true, that most companies wouldn't sign an NDA in those circumstances, then it seems a bit of a chicken and egg situation).


 
Posted : 26/10/2017 8:49 am
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The more I ride with it I can't believe how simple and how well it works.
I think it has applications beyond beardy bikers.
Specialized hq aren't far from where I live. They are good at sending in the heavies.
I have shown it to someone else and they want one, so it's not a piece of crap!
Oblong I've messaged you.


 
Posted : 26/10/2017 9:12 am
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A patent isn't just for enforcement, it's a legal document saying you've done something new. It's very very helpful in securing any investment. Have you noticed how often they ask about it on Dragons Den? It gives the investor protection against copies (it's their money you will be spending). Don't just base this on an anecdote from Mr Crud!

I'd recommend speaking to attorney as well. You could for instance file for a UK patent quite cheaply, then try and get some investment, if that works later extend the UK patent to cover other countries (via a PCT Application - patent person will explain)

This thread is reminding me a little of this..


 
Posted : 26/10/2017 9:21 am
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Radio4 the bottom line did quite an enlightening episode on intellectual property, patents and the like. Really worth digging it out on iPlayer.


 
Posted : 26/10/2017 9:38 am
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Just make it and sell it

Unless it's high value IP it's not worth it


 
Posted : 26/10/2017 9:59 am
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@zippykona Where are you based? I work helping companies commercialising new ideas and there can be a lot of support available for this.


 
Posted : 26/10/2017 10:10 am
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I'm in epsom.


 
Posted : 26/10/2017 10:16 am
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How do you plan to exploit your idea? Either set-up a manufacturing and marketing operation yourself or simply license it to someone else to make? The first one takes lots of time and investment - how much can you afford to lose? Option 2 is lower risk, but without IP protection / patent you'll have difficulties getting a licensing agreement - but even if you're only getting pennies, it stacks up if there are volume sales . I have a number of product patents from my time as an industrial designer - one product is produced by the million, I get nothing in return!


 
Posted : 26/10/2017 10:45 am
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C'mon what is it? Or hints at to what it does. I'm another for a six quid blind punt. You'll remember all us early backers when you hit the big time won't you....


 
Posted : 26/10/2017 10:50 am
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Ah OK, I'm in Devon. Happy to discuss further (work have an NDA to sign)


 
Posted : 26/10/2017 10:53 am
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Do a Kickstarter (and see how many Chinese manufacturers can copy you and beat you to market).


 
Posted : 26/10/2017 10:54 am
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I've signed lots of NDAs for bike inventions. About half the time, I can then advise the inventor that their invention has already been invented*.

It's pretty unlikely you'll find a company to just buy or license the idea from you, so you have two choices - go into mass production yourself, or go into small batch production yourself.

First option requires lots of investment, and definitely you would want to get it patented/registered. Second option, just accept you have a limited window before (if it's a good idea) someone rips it off, so make hay while the sun shines then get out with some profit and minimal risk.

*the best was the guy who spent £20k on designs, injection mould tooling etc for his radical new invention - a license plate holder to attach to bike racks.


 
Posted : 26/10/2017 10:59 am
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No idea if it's been said already, but print something out to show it's your idea, sign it and send it to yourself. Keep the unopened envelope somewhere safe. The postmark is unique and proof of date.

It's not bullet-proof but does present a decent case, and it's very cheap to do.


 
Posted : 26/10/2017 11:05 am
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*the best was the guy who spent £20k on designs, injection mould tooling etc for his radical new invention - a license plate holder to attach to bike racks.

Did he work for [url= http://www.bikebiz.com/news/read/halfords-floats-idea-of-number-plates-for-cyclists/022026 ]Halfords[/url]?


 
Posted : 26/10/2017 11:06 am
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Last week I knocked up something to improve my cycling experience in about an hour or so. Materials cost less than 50p. I put a couple of photos on Facebook and immediately had three folk wanting one

What is it, what is it?????? ❓


 
Posted : 26/10/2017 11:12 am
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Did he work for Halfords?

Funnily enough, I suggested he go look in Halfords. Never heard from him again.


 
Posted : 26/10/2017 11:14 am
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What is it, what is it??????

Catheter-to-waterbottle adapter.


 
Posted : 26/10/2017 11:15 am
 poly
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A patent isn't just for enforcement, it's a legal document saying you've done something new.
it only says that when it is granted. Unless what he has is earth shattering and/or he has loads of cash then he’s looking at 4-5 yrs before it gets granted, and probably for a much narrower set of claims than he thinks he has invented.

It's very very helpful in securing any investment.

Sometimes, but the op hasn’t suggested a plan to seek investment.


Have you noticed how often they ask about it on Dragons Den?
that bears little resemblance to any real investment process! Patents can be useful, but only if it covers a very wide claims. Most patents end up very narrow, so can be easily worked around. Bear in mind the inventor thought of it one evening and made it the next day in an hour. Good luck convincing the patent examiner that your solution is truely novel (genuinely new and not just a combination of existing ideas) and inventive (not obvious to someone else who sees the same problem)


It gives the investor protection against copies (it's their money you will be spending).
no it gives a granted patent holder legal recourse if someone infringes - but in many cases you can copy without infringing by designing around the claims, or by operating entirely in a different country from the granted patents (so the expense of patents is multiplied many times to gain extensive reach), or by just ignoring the patent and waiting to see how big the op (or his investors) pockets are. If the damages don’t run to six figures a case may not be worth it.

Don't just base this on an anecdote from Mr Crud!
and don’t just base it on the advice of patent agents who get paid by filing and arguing over patent applications for years; you can make a quick business plan on a few sheets of paper and it will soon tell you if the value is worth protecting. (To put some perspective on it, I have a patent that is over five yrs old has just got granted in the US (along with three other less exciting countries), EU still pending (along with 4 other less exciting countries) total fees to date are well over 40k. It IS worth us having this protection as it is quite broad and our technology sells for tens of thousands or more. I’ve binned three other patents over the last 20 yrs which have never brought us a penny in extra revenue.)

Contrary to what others have said licenses can be negotiated on design rights (either registered or other) copyrights on design documents, know how, trademarks etc. A patent license is theoretically easier to sell, but that’s just cos sales people are lazy and don’t understand what they are selling!


 
Posted : 26/10/2017 11:38 am
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Funnily enough, I suggested he go look in Halfords. Never heard from him again.

😆

If this was the catalyst that's set Halfords off I wouldn't actually be surprised...


 
Posted : 26/10/2017 11:39 am
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Catheter-to-waterbottle adapter.

Are you taking the pi55 ❓


 
Posted : 26/10/2017 12:43 pm
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Have you noticed how often they ask about it on Dragons Den?

That's always funny when they do. They read the first page and look at the drawing on the cover, not the claims which are later. If anyone can understand a patent that quickly I wouldn't believe them.


 
Posted : 26/10/2017 12:51 pm
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Saddle mounted penis beaker?


 
Posted : 26/10/2017 12:51 pm
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Also likely alpkit will not be interested in signing an NDA (and certainly not a 20 yr one) for a product they have never seen or had described to them.

Yes, the NDA might not work if you have to say to them "I have this thing for bikes but can't tell you anymore, here's my NDA to sign". They will then have to take that NDA to their solicitor/legal counsel and pay them to check it, before signing and then finally getting to see what you've made.
I think the only way an NDA can work is if you can describe what the item does without revealing how it does it. Can you do that?


 
Posted : 26/10/2017 1:13 pm
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Yes I can do that.


 
Posted : 26/10/2017 1:19 pm
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Well explain it then man!!


 
Posted : 26/10/2017 1:28 pm
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It's a way of letting any bike carry extra water bottles or gear. Whether it's a bike without mounts, using a frame bag or you just want to carry lots and lots of water.


 
Posted : 26/10/2017 1:39 pm
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Yes, very good, but what about Scotroutes idea????? ❓


 
Posted : 26/10/2017 1:45 pm
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It's a way of letting any bike carry extra water bottles or gear. Whether it's a bike without mounts, using a frame bag or you just want to carry lots and lots of water.

https://international.camelbak.com/

😉


 
Posted : 26/10/2017 1:48 pm
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Hmm, my guess is a frame mounted colostomy bag holder...

possibly made out of titanium.


 
Posted : 26/10/2017 1:50 pm
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https://international.camelbak.com/

I knew I'd seen that somewhere else before.
Oh well back to the lottery tickets!


 
Posted : 26/10/2017 1:52 pm
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[quote=natrix ]Yes, very good, but what about Scotroutes idea?????

<Cough> here you go

[img] ?oh=22f6db8ed547c40353e9b403cde55fd4&oe=5A80BA5F[/img]


 
Posted : 26/10/2017 1:52 pm
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here you go

WTF is that?? Looks like a piece of shaped and drilled guttering, an adjustable tri bar for a one armed rider?????


 
Posted : 26/10/2017 2:05 pm
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zippykona - Member
It's a way of letting any bike carry extra water bottles or gear. Whether it's a bike without mounts, using a frame bag or you just want to carry lots and lots of water.

So it’s one of two things then..

[img] [/img]

Or

[img] [/img]

Hope it goes well BTW..


 
Posted : 26/10/2017 2:07 pm
 JoeG
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Posted : 26/10/2017 2:13 pm
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I'd be interested if it's not a velcro job like the current options.

I've got 2 mounts on my current bike that I use (bottle & tool keg) and will struggle for options to replace the frame if I want to keep that setup.


 
Posted : 27/10/2017 10:38 am
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