Click and win: Inventors cash in on their ideas - PowerPoint PPT Presentation

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Click and win: Inventors cash in on their ideas

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Michael Smithson suggested a frozen drink in a container ... 5000 from Sears Roebuck. www.ideas.com. Several new sites that buy or sell intellectual property ... – PowerPoint PPT presentation

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Title: Click and win: Inventors cash in on their ideas


1
Click and win Inventors cash in on their ideas
  • (NYT, 4/22/01)

2
www.ideas.com
  • Michael Smithson suggested a frozen drink in a
    container that children can wear on their wrists,
    sipping it as it thaws, not losing it
  • 5000 from Coca-Cola

3
www.ideas.com
  • Albert Muller perfected a better nozzle for
    heavy-duty vacuum cleaners but didnt want to go
    through the patent process
  • 5000 from Sears Roebuck

4
www.ideas.com
  • Several new sites that buy or sell intellectual
    property
  • Caution Inventors may be losing the rights to
    their ideas just by submitting them!
  • Coke is posting all 889 new ideas on their
    internal website

5
www.brightideas.com
  • A competitor to www.ideas.com
  • Companies pay the site 50,000 to host a contest

6
Other competitors
  • www.ideadollar.com
  • Waterproof shower poster is now being sold in
    stores
  • www.brainhead.com

7
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