And if you don't own that idea, you can't sell it. The only real recourse you have is to patent your idea, but that may involve producing a prototype that incorporates said idea and may be more than you're willing to do to make a sale.
Technically, yes, you can sell an idea to a company without a patent. However, this is where we circle back to entering into an NDA contract before sharing said idea, as mentioned previously. This would be your last line of defense to protect your idea, though, unfortunately, many companies won't enter into an NDA.
So you've got a great business idea but you're not ready to launch a business (no money or no time). What can you do? You can sell your business idea to big companies or investors that will pay you upfront and then take the item to market. This form of business model is called licensing.
There are two ways you can protect your idea when pitching it to a company, and those are filing a provisional patent application or using a nondisclosure agreement. Both of these will help you to present and try to sell your idea to a company without them being able to legally steal it.
If you share your idea or product with others before filing, they can steal it without any repercussions. As soon as you submit a patent application, you have rights. You can place a patent-pending notice on your products. This warns others that they will be sued if they steal your idea and the patent gets issued.
There is a long list of companies that will pay individuals for ideas. These companies constantly seek ideas for invention, improvement, content, and much more. Depending on the company, you can get paid for different types of ideas. The most common of them are invention ideas.
Google will accept no app ideas that don't have patents. Having a patent for your idea means you've every right to sell your invention. It is extremely important to first patent your app idea. This is the only way Google can consider your app worthy enough for payment.
You should be aware that by using someone else's intellectual property without their consent, you may be in breach of their rights. Additionally, this would entitle them to pursue a claim against you to cease using the materials or pay compensation for the damage sustained to their business due to your conduct.
One of the quickest ways to make $1,000 online is to sell high-value items through an online marketplace like eBay, Mercari, or Facebook Marketplace. You could also apply for high-paying freelance services such as graphic design, web development, and writing services on Fiverr and Upwork.
An innovator is someone who creates new ideas, products or strategies. Innovators can work in many industries, including fashion, technology, marketing and finance.
An idea person is typically defined as someone who simply comes up with the good ideas. While everyone else is working on a current issue, idea people are on to solving the next.
Using a Nondisclosure Agreement. Whether or not your invention is patentable, and whether or not you file a PPA, you should always require a prospective buyer or licensee to sign a nondisclosure agreement (NDA) before you reveal your invention. This document is sometimes called a "confidentiality agreement."
Unprecedented and novel inventions should always be patented. Patents granted by the United States Patent and Trademark Office protect are enforceable throughout the United States. To gain protection in other countries, foreign patents can be applied for; however, many countries have relatively weak patent protections.
Certain things can never be patented, regardless of how well they meet these four standards. They include the elements, theoretical plans, laws of nature, physical phenomena, and abstract ideas. So patenting fire or the wheel is out, though some people have tried.
