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Should I try to license?

 
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Stryfe01

posts: 4

Jan 25, 2008 6:43 PM ET    Quote  Report Abuse
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Hi guys. I was all worked up about a grea idea that I have. No one else is currently capturing this market, but I fear that they will soon. I contacted a patent attorney and i`m going to meet with him soon. But I did my own research and found several patents that are similar to my idea. In effect doing the same things. I`m not looking for concrete direction, but what might be a good step now?
 
Is it possible to try and license one of these patents? Would you guys still go ahead and try to patent your idea ayway? I noticed that the patens have been dormant for almost eight years. There is amarket out there, but this invention has not been successfully brought to market.
 
Again I`m just looking for your thoughts.
GrillCharmer

posts: 621

Jan 26, 2008 9:55 AM ET    Quote  Report Abuse
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Hello Stryfe01!
You will know so much more once you talk with your patent attorney.  I`m no expert, but first thing I would do with your attorney is make sure you are not infringing on the ones already out there, then if you could, get a provisional based on your product, then go to town!  Do you want to go the manufacturing or licensing route to market?


-------------------------

Leslie
Founder and President
Charmed Life Products LLC
Grill Charms™… The MUST HAVE grilling accessory that is revolutionizing the American Cook-out AND The perfect gift for any occasion!
Grill Charms
                                                                                                    
Stryfe01

posts: 4

Jan 29, 2008 5:55 PM ET    Quote  Report Abuse
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I would rather go the manufacturing route. I honestly believe that there is a solid, albeit niche, market for this product. Especially among students. I think that is exactly what I plan to do. My only thing is that I just don`t have the amount that`s needed to file if my idea does not infringe. But i`ll take this one step at a time.
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