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Unread 31-03-2008, 00:55
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dtengineering dtengineering is offline
Teaching Teachers to Teach Tech
AKA: Jason Brett
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Re: Need help finding a company that can refabricate metal.

Quote:
Originally Posted by vincefitzgerald View Post
i need this so i can pay for college
im hoping to get into college
Remember that patents don't make money... they cost money.

It is the business based on that patent, or the licensing revenue generated by that patent that makes money.

If you don't have a business plan, or have a manufacturer wanting to license and market your product, then you don't have a revenue stream.

University researchers are placed in a similar situation when they make a discovery... if there is a business case then they can pursue profit through patenting... but if there is not a solid business case for their discovery/invention then they publish their design, share it with the community, and receive recognition for their contribution to advancing the state of the art.

I think you got some very, very good advice above when it was suggested that you use this as part of the basis for scholarship applications.... unless you can reasonably foresee sales of your design generating revenue in the tens of thousands of dollars, a patent is likely to cost you more than it will earn you.

Jason
 


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