How do you make a great idea into an invention?
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How do you make a great idea into an invention? Video Transcript
What do you do if you have a great idea but you do not know how to make it? You have no idea how to make it because you do not have the technology background in that area, you are not an engineer. Well, that is okay. As long as you fully conceive how it would work, if you do not know how to make it or how it would work, then you need to find a person that does. Find an engineering student, find a PhD student or professor that you could team up with and work with them. If you know them socially, that is great. If you can meet them at a networking event, you can bounce ideas off them and see if a prototype at least on paper can be designed. They would probably be listed and need to be listed as a co-inventor because if they actually conceive how it would work, the basic idea how it work, not just implement what you have told them, they would be a co-inventor. So realize that they would also be co-owners of the patent, absent any agreement. You might have an independent contractor agreement with that person you hire and have a requirement that they assign the intellectual property to you or your company before you hire them to do that. Make sure that is clearly in place, make sure all the documentation is clear, and make sure you do provide them consideration. You have to invest. The basic idea is if you do not know how it is going to work, you might have to invest in hiring the people that do. You need to trust those people. So to trust them, you might need an independent contractor agreement with a duty to assign the invention back to you or your company.