inventors

Image credit: Mila Supinskaya Glashchenko/Shutterstock Determining whether your invention will be successful or not is an integral part of being an entrepreneur. Here are three reasons inventors are outsourcing the review process to increase efficiency. When entrepreneurs and companies invent new products or technologies, they are understandably reticent to share their ideas with outsiders. After […]

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PITTSBURGH — Action News Investigates has learned a lawsuit accuses a Pittsburgh-based invention promotion company of running a deceptive and fraudulent scam. The class-action lawsuit says InventHelp and its affiliates took millions of dollars from inventors, who got virtually nothing in return. The company disputes the allegations. Court records show InventHelp has convinced thousands of […]

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When a company copied their invention, Natasha and Fred Ruckel began investigating — and got an inside look into how products are ripped off. On Valentine’s Day in 2015, Natasha Ruckel and her husband, Fred, were sitting in their living room in Gilboa, N.Y. Natasha was improvising on the piano, and Fred was listening while […]

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Earlier today, iPEL, Inc., launched its new website and a brand-new model of patent monetization, which offers free and paid licensing options to operating companies.  iPEL has also defined a set of business practices that a Non-Practicing Entity can follow in order to call itself an Ethical NPETM. iPEL was formed with $100 Million in initial capital, in May of […]

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Read the Fine Print before you sign.   It all sounds so good, and easy. You have spent hours and perhaps years creating your product. You have spent money making prototypes and patents. We know those are not cheap and can take years to get. You see an ad on TV and it sounds great! […]

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Josh Malone, the inventor of Bunch O Balloons, won a $12.3 million judgement against Telebrands’ recently. Josh’s patents were challenged at the Patent Trial and Appeal Board (PTAB) and were found to be invalid. However, the Eastern District of Texas found that the patents were valid and also found Telebrands’ and others had willfully infringed […]

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ENTREPRENEURSHIP IS A CRAFT. HONE IT. Entrepreneurship and innovation are synonymous with MIT. Big thinkers from around the world come to MIT Sloan Executive Education to take advantage of our renowned faculty, research, and resources that can help turn their ideas into successful ventures or social impact. We teamed up with Professor Bill Aulet of […]

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Collegiate Diversity Generates Change at Invention Corps

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Fed up with what he perceived as bureaucracy run amok at the U.S. Patent and Trademark Office, Paul Morinville staged a striking protest this summer, with inventors marching on the agency’s Alexandria headquarters, holding signs and burning their patents. He said too many patents approved by the agency had been revoked by administrative law judges […]

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Brothers gain success with childhood invention sold in Lehigh Valley Dylan and Logan Fech test out “QB54.” Michael Silva of South Brunswick, NJ and Frank Silva, of Cummings, Georgia, invented “QB54” or “Quarterback 54.” The game, similar to football, is sold at Bed, Bath and Beyond in Bethlehem and Whitehall townships.

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