I recently attended my local Inventors Association (Inventors Alliance in Northern California) and noticed that Inventors kept asking Andrew Krauss (President of Inventors Alliance) about the differences between Manufacturing and Licensing a product. New Inventors were confused about what these terms meant and wanted to learn more about the factors to consider when deciding which way to go for their own product. So I thought I'd take a minute to discuss both options as this comes up all of the time in my workshops and classes as well.
Thank heavens for grandchildren. If we didn't have them, there wouldn't be many designers bothering about how new technologies can be applied to the needs of seniors. Patrick Leyendecker is just one of the many young designers who are trying to moderate the pain and stress that comes with aging and having to adjust one's ways to so many of life's daily needs.
Dean Kamen, best known for the invention of the Segway personal transporter, will co-host an 8-part series on invention starting tomorrow, October 22, 2010, for Planet Green on the Discovery Channel. The series, titled Dean of Invention, was named for and after Kamen, as he is now holds more than 400 patents himself. Though inspiring for all, Dean of Invention is intended to inspire young persons to enter science and math so that they can be a part of shaping their own futures.
Selling Your Inventions To Major Retailers: What Not To Do (And What 95% Of People Tend To Do!)