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© Hutchinson IP Ltd, 2012
Many individual inventors have great ideas, but encounter difficulties trying to
convince an investor or manufacturer to work with them. It is no secret that most
individual inventors fail to generate a profit from their ideas and in many cases
spend more on obtaining IP rights than they generate through sales of the product/process
in question. It’s also true that luck plays a huge part in the commercial success
or failure of new and innovative products.
That said, the way an idea or concept is presented or perceived can have a huge impact
on one’s chances of success. Hutchinson IP therefore provides advice and recommendations
on how to create and present your “IP portfolio” in the best possible light, and
can advise you on how to answer questions relating to it. By presenting your new
product or idea via a patent attorney, one can often increase the chances of an investor
or manufacturer taking the idea seriously, which is why we offer this (i.e. an “initial
approach” letter) as a stand-alone service.
We can also provide the essential tools that you may need, such as “patent pending”
status and bespoke non-disclosure agreements prior to disclosing your ideas to third
parties.
For further information relating to commercialisation of ideas, please contact us
without obligation, for a free initial consultation.
