Companies That Buy Ideas -
It is crucial to have a patent or at least a patent pending before submitting to avoid having the idea copied.
Several companies and platforms accept unsolicited product ideas, inventions, and innovations, with some focusing on licensing deals to pay royalties. Notable companies and platforms include , Invention City , Quirky , Wilson Sporting Goods , and FastCap . companies that buy ideas
Licensing agreements often earn inventors between 3% and 6% of gross sales. It is crucial to have a patent or
Takes inventions, turns them into products, and shares profits with the inventor. Wilson Sporting Goods