How Licensing Helps Protect Your Idea. You have a great idea. How are you going to protect it?

An article on Inc.com asks, You have a great idea. How are you going to protect it? The quickest way to transform an idea into a widely distributed product is by partnering with a company already in business. How can you find companies looking for ideas? It’s not hard, but it does take work. With a little bit of research, you will find there are many companies that practice open innovation and treat inventors fairly. Open innovation companies that truly value inventors have an internal department set up to review product submissions. Typically, this is what’s known as Inventor Relations. If they rely on a middleman or an independent contractor, that’s a red flag.

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