Free session explores inventors’ options

Many inventors with a new idea face the question: Do I attempt to market and sell my idea myself, or do I pursue a licensing agreement that can accomplish that?

This is addressed in the fourth installment of the Navigating Through the Invention Process: From Idea to Product to Market series, “Licensing vs. New Venture,” on October 4 at the United States Patent and Trademark Office’s western regional offices in San Jose, California. In this session, Larry Udell, chairman of the California Invention Center and Licensing Executives Society, Silicon Valley Chapter, will present and share his expertise in guiding inventors through this process. The session explores the anatomy of a start-up and covers decades of famous inventors who have gone through the process.

This event is free and open to the public, but space is limited. Please register here by October 3, 2017. The Navigating Through the Invention Process: From Idea to Product to Market Series, presented by the Licensing Executives Society Silicon Valley Chapter and the California Invention Center, shows you how to turn ideas into new ventures. From researching and protecting your invention to packaging and marketing your product, each course targets steps you should consider for a successful product launch. Series topics include:

  • What is the patentability of my invention and how do I apply for a patent?
  • How do I evaluate the market value of my invention?
  • Who are my competitors and what is the size of the market?
  • Should I consider going into business with my idea?
  • Should I consider licensing and collecting royalties?
  • Where do I find funding?

Facilitators are Udell and Soody Tronson, founder and principal of the STLGip Intellectual Property Law Firm. Please note that the Silicon Valley USPTO is a federal facility. Attendees are required to present a valid form of government-issued identification (driver license or passport) and may be subject to screening to gain access.