George Davidson III and his company, Davidson Design and Development, Inc., has been in the news quit a lot recently. He's of particular interest in the Inventor community as a result of a lawsuit filed against them for misrepresenting its services to inventors.
On March, 2006, the US District Court for the Western District of Pennsylvania ordered that Davison Associates, Inc. (now known as Davison Design and Development, Inc.), Manufacturer's Support Services, Inc., George M. Davison III, Gordon M. Davison, Barbara Miele-Davison to pay $26 million for misrepresenting its services to inventors. Davison Design has appealed the court's decision.
Forbes magazine has recently come out with an eye opening article called "Inside InventionLand". Inventionland is an innovative workspace designed inside the Davison Design warehouse in Pittsburgh to foster creativity among its staff. Davison claims that the company gets 55,000 calls a month. Any inventors calling should be aware of Davison's success rates with licensing its inventors' products. The article states "[a]s of late October, only 0.001% of Davison's revenue was derived from royalties paid on licensed products. Assuming the company doesn't have trouble with decimal points, the royalty business provides Davison $250 a year in sales. (It's probably closer to $25,000)." With such a small percentage of income coming from royalties, you don't need to be rocket scientist to figure out that Davison's company is not that successful at licensing its inventors products. Inventor Beware!!!
Check out the rest of the article Inside InventionLand.
Alexis
Featured Blogger
http://www.AmericanInventorSpot.com
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I applaud you!
Submitted on December 12th, 2006 by bottleslingguyThanks for staying transparent on these invention scam issues.It makes this place unique. These firms exploit the fact most "inventors" don't have a clue and are vulnerable targets. A patent attorney is something altogether different, these companies (like Davidson and ISC) are parasites and scam artists.
It's like our very own inventor guru Doug Hall and his "eighteen household products you use everyday" pitch to promote his ranch which, unfortunately he can't talk about. Then it turns out one of the products is a glazed ham. His head looks like a glazed ham.
Thanks for spelling it out in decimal form. Keep up the good work and this sort of honesty will ensure the success of this site.
Bottle Sling - Invention Gallery .
Thanks for your support
Submitted on December 13th, 2006 by MichelleThanks for your support Bottle Sling. We appreciate the kind words.
If you could build anything on a website to help inventors, what would you build?
If you could truly have a one-stop resource, what would be helpful?
What be helpful for inventor?
Submitted on December 13th, 2006 by Anonymous (not verified)A list of companies that do and do not accept outside inventions. An example of the latter being Milton Bradley (Hasbro). Note: tokk the word ace only for the T.V. PR.
Also, what market and types of inventions they are more consdering of? Example: toy manufacturers are looking for electronic type games. Not partial like the word Ace.
Magic wish.
Submitted on December 13th, 2006 by bottleslingguyA crystal ball that would connect me to licensees searching for what I have to offer. It would be a portal to another site teeming with visionary and enthusiastic members of my target market.
Maybe someday I'll meet the equivalent of Snow White's Prince Charming with a license agreement, but in the meantime, please check out my invention at Bottle Sling - Invention Gallery .
What would be helpful to inventors
Submitted on December 13th, 2006 by AlexisHi What would be helpful -
There is an ongoing discussion in our forums about companies you can submit your invention to. Click here to get to the Forum Discussion.
Alexis
AmericanInventorSpot.com Team
In for the money
Submitted on January 10th, 2007 by RichardDavison is in for the money. They are expensive because they have the convenience of everything in one package. they prototype,market foot work, and sell. also do the patent work if get a co. aggreement. As far as marketing your invention? About the same as all inventions. A lottery ticket may be better for riches.
well
Submitted on June 4th, 2008 by Anonymousit's a business. I guess that's a good thing and a bad thing. he's still got some good ideas, whether you agree with his business or not. check out this interview with davison, pretty interesting.
worked there
Submitted on August 14th, 2008 by Anonymousif anyone cares enough to know what the inside scoop on this company is you can email inspiredcreator@yahoo.com
Davison is a SCAM!
Submitted on October 2nd, 2008 by AnonymousI should have known it was too good to be true! I submitted and idea to Davison corp a week ago. I have found No positive feedback at ALL regarding this company and found out it was a 100% scam. I told them to never contact me again and to take me off their list.
Its been 24 hrs and I am getting other telemarketing scam companies calling my cell phone since 6am this morning! Davison sold my information to other telemarketing companies since I refused to use their service!
I know they have done this because one simple fact... I have just changed my cell phone number 4 days ago and Davison is the ONLY company I have given it to since.
Beware to anyone who tries their service... They will sting you!
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