If you are a reader of one of the previous editions of this book, I welcome you back. You’ll find a great deal of fresh, helpful new material has been added to justify your revisit. All of the information, facts, and resources have been brought up to date, as have the contracts and forms in the Appendix. However, the real difference is this new edition’s expanded view of what constitutes a “million dollar idea.” Now that the electronics revolution is so well established as part of our everyday lives, it has opened up all sorts of wonderful new licensing opportunities for creative minds like yours that didn’t widely exist when the former edition was published. But wow! They sure do now!
It’s great if you have an idea for a new cookie cutter or a garden tool invention—but you might just as easily have an idea for a new software application, or a new TV game show, or a new reality TV show, or even an idea for a new website business. Fresh and original ideas like these are no less valuable if properly prepared and placed in the right hands. A royalty check is still a royalty check, no matter what category of brilliant idea earned it.
However, if you want to run with the big dogs, you have to know what to do and how to do it—and that’s what this edition will show you. In addition to new instructional information for the more familiar kinds of product inventions, this new edition addresses these other types of intellectual property ideas as well, step by step, page by page, ...