The General Problem

Whoever makes an invention, wants to put it into practice. But that is not so easy.

Even then, when there is enough capital available. Because an innovation needs to be first patented. That is why people patent their idea, or the inventor at least pursues a protection of utility patents.

The better, the more revolutionary the invention, idea or concept, the more ability it has to impact a market. At least in theory, because a market is well divided. And those who have a strong position in the market don’t have much interest in losing their market share to a competitor.

Therefore a patent is sometimes rather a reason to attack an invention, idea or concept. In order to guard oneself against such attacks, one needs sufficient capital as well loyal and strategic alliances.

Inventors believe in their invention. They strive in order for the invention to see the light of the day, i.e. the market they desires to impact. They invest their personal money which is spent on tests, developing the prototype, research and case studies. And of course also for the patenting process.

In most cases there is not enough capital left for legal challenges, realization of the invention or the product line. This is where one needs strong and experienced partners.

Partners, who have the right business contacts pertaining to the invention and either have sufficient capital or direct access to capital providers who lend at attractive rates.

There is where trust plays an important role, for example in the sense that no upfront fees are charged. A good partner rather focuses on the realization of the invention following the monitoring thereof.

A cooperation is not a one way street.