Stephen Key is a successful award-winning inventor who has licensed over 20 products in the past 30 years. He is a board member of Accudial Pharmaceuticals and has a new book "One Simple Idea: Turn your dreams into a licensing goldmine while letting others do the work" due to release in Spring 2011 from McGraw-Hill. Along with business partner Andrew Krauss, Stephen runs InventRight, a company dedicated to education. Teaching inventors and entrepreneurs the skills needed to successfully license their ideas.
Many inventors are convinced that licensing their ideas in our current economy is unrealistic, if not downright impossible. They believe that there simply isn’t any room for innovation in a recession, and that there isn’t enough money available to invest in new ideas. But in truth, innovative products are needed more than ever. Opportunities...
December 29, 2010
Do you really need a patent or prototype? Conventional logic argues yes, absolutely. But it’s my opinion that this type of thinking is outdated. It simply doesn’t make sense for inventors and entrepreneurs to go through the lengthy and expensive processes of filing for a patent and building a prototype before determining if there is...
November 27, 2010