Top 18 Best Patent Brokers in the United States (2023)

When you want to invest in stocks, you call a stock broker. The same is true for patents and other forms of intellectual property.

With the thousands of patent brokers in the United States alone, finding the best one for you can be a tricky challenge. Luckily for you, we’ve done most of your homework for you!

To help you get started on your search here is an ultimate guide to some of the top 17 best patent brokers in the United States!

Vitek IP

Top 18 Best Patent Brokers in the United States (1)

Vitek IP is an intellectual property advisory that combines traditional IP expertise with state-of-the-art software and cutting-edge technology. In doing so, they create tangible market value for their clients. Their team of made up of certified IP professionals, in-house attorneys, consultant attorneys, and subject matter experts with years of technology experience and excellent credentials.

They’re also well-versed (and all-too familiar with) patent transactions, patent consulting, and technology development.

As an advisory, Vitek IP is focused on uncovering and maximizing patent value for small- to mid-tier tech companies. They strive to create value for their clients by managing and growing their patent portfolio to increase investment interest, create new monetization options, minimize licensing risk and outlay, improve shareholder confidence, and recognize partnership opportunities.

In order to do this, they must successfully navigate their client across the patent landscape. From patent valuation to patent sales and acquisition, Vitek IP is there for their clients every step of the way.

Their services cover all aspects of patent ownership. This includes patent creation, patent maintenance, patent acquisition, patent licensing, and patent sale.

Tangible IP

Top 18 Best Patent Brokers in the United States (2)

Routinely one of the best-ranked patent brokerage firms in the business, Tangible IP has successfully brokered over 3,000 patents. This makes them not only a national leader in the industry, but a global one!

Tangible IP is routinely retained by Fortune 500 companies, SMEs, and investors for the selling or acquisition of patent assets. They also work with buyers who are interested in approaching patent owners anonymously.

This group isn’t a law firm or a patent assertion entity. This means that they are typically able to engage in constructive dialogue with those who have an interest in the assets under their brokerage. For this reason, they have been able to complete many licensing agreements that benefit their clients without having to use assertion activity. So if you want to learn how to write a patent application – or something similar – you might want to check this firm out!

Best of all? Tangible IP is one of just a few firms in the world that is able to list the portfolios it brokers in the IAM Marketplace. This supplies a substantial advantage to patent owners looking to get the best deal for their assets!

1624 Capital

Top 18 Best Patent Brokers in the United States (3)
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1624 Capital draws its namesake from the enactment of the Statute of Monopolies, which the English Parliament passed in 1624 in order to establish the system of patents that still exists today. Of course, many changes have been made to the system over the past almost 400 years, but the essence remains the same.

This patent-brokerage firm offers a wide variety of services. One of the more noteworthy service benefits that 1624 Capitals provides its clients comes in the form of patent litigation finances. It is a well-known fact that patents cost an obscene amount of money, sometimes running more than $40,000.

That said, 1624 Capital provides the benefit to its clients of covering “some or all of the costs of monetizing a claim.” Granted, this is a benefit that many other patent brokers also provide, it is of noteworthy importance to the attorneys at this particular firm.

Acorn Technologies

Top 18 Best Patent Brokers in the United States (4)

Another popular patent broker is Acorn Technologies. Acorn Technologies has been around since 1998 and has since earned its name as one of the key players in the field of intellectual property legislation.

Unfortunately, Acorn Technologies doesn’t offer a wide array of patent options. As its “Company” page states, the firm only deals in the fields of semiconductor and telecommunications technology. If you’re looking to purchase a patent in any other field, then you’re not going to gain much benefit from this firm.

That said, if you’re looking for a patent regarding the Internet of Things, IP cores, or high-tech telecommunications algorithms, a specialist attorney like those at Acorn Technologies might be the perfect asset to assist you in your search. The restaurant industry has a saying that is quite apt here, “When there are fewer items on the menu, the cooks cook better.”

Adapt IP Ventures

Top 18 Best Patent Brokers in the United States (5)

As the name suggests, Adapt IP Ventures provides a suite of benefits centered around investment opportunities. In fact, the firm’s website’s homepage lists “IP Ventures” as one of its top three focal areas in terms of services provided, as well as IP transactions and IP advisory.

Adapt IP Ventures has the option to facilitate investments in the intellectual property of various startups across multiple industries, providing a more unique and modernized business approach to American startup culture.

The business model for the firm’s IP Venture services can be broken down further into three categories: IP partnership, IP development, and IP bridge financing. IP bridge financing is a lesser-known method of investing in a company’s IP without actually purchasing the IP. Instead, you put up your funds as a bridge loan for the company to use to monetize their patent portfolio.

Aqua Licensing LLC.

Top 18 Best Patent Brokers in the United States (6)

If you’re working with a major investment banking company, it’s possible that you’ve heard the name Aqua Licensing LLC. This company is one of the leading patent brokerage firms among such high-profile investors, providing clients with both the ability to sell as well as buy patents.

The overwhelming majority of Aqua’s clients are brought in through referrals from one of the company’s four investment banking partners. Extenuating circumstances can lead Aqua to take on clients who are unaffiliated with those four partners; however, the information on their websites lends itself to the notion that that is not a likely course of action.

Other than Aqua’s general sense of exclusivity, it is an otherwise ordinary firm, functioning in much the same way as many others. That said, that exclusivity makes it difficult for outsiders to evaluate the functions of Aqua’s business platform.

AST

Top 18 Best Patent Brokers in the United States (7)
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AST is a patent brokerage firm with multiple high-profile members spanning several highly profitable industries. Among the list of members are Ford, IBM, and Google. Of course, that doesn’t mean that you have to be part of a Fortune 500 company in order to qualify for membership in AST’s patent system.

One of the main aspects of service that sets AST apart from the other patent brokers on this list is the fact that AST functions on a unique non-profit patent brokerage system while still providing the standard benefits of a for-profit firm and then some.

Because of AST’s reliance on a membership system, the company is inherently more exclusive than many others. However, the benefits available to the members speak for themselves, including such options as consortium buying and networking opportunities.

Blackhawk Technologies, LLC.

Top 18 Best Patent Brokers in the United States (8)

What sets the patent marketplace at Blackhawk Technologies apart from most other patent brokers is that this firm specializes in mergers and acquisitions as well as brokering intellectual property transactions.

Despite the fact that Blackhawk has a client list that includes multiple Fortune 500 companies, the firm seems to be open to working with companies of any size, even including first-year startups, making it a viable option for anybody in the market for acquisitions of another business’s assets, whether tangible or otherwise.

Blackhawk also frequently varies it’s patent brokerage campaigns in order to maximize the utility (and profit) of its clients. As of late 2019, for example, the company is looking primarily for obscure patents for specialized battery and assembly technology technologies. One of the best parts of this campaign-style brokerage is the fact that it demonstrates how responsive the brokers are to the needs of their clients as well as the movers in the market.

Dennemeyer

Top 18 Best Patent Brokers in the United States (9)

Like a couple other firms on this list, Dennemeyer provides a handful services in addition to the standard functions of a patent brokerage firm. What sets Dennemeyer apart from those other firms, however, is just how large that handful is: the company provides more than 40 service options for its clients.

The services that Dennemeyer offers range from anti-counterfeiting protections to the production of working statements. To help narrow it down, Dennemeyer has published a list of five categories into which most of their services fall: patents, trademarks, law-firm services, software, and patent consultation.

One of the key services for investors looking to increase revenue from existing IP is Dennemeyer’s IP monetization system. More of a partnership than a transaction, Dennemeyer will not charge the IP-owner anything for the use of the IP monetization strategies, meaning that you won’t have to risk your finances when your IP isn’t performing as well as expected.

Ever Edge

Top 18 Best Patent Brokers in the United States (10)

Unlike firms such as Aqua, Ever Edge markets itself generally for anybody wishing to enter the realm of intellectual property ownership with or without a referral from any of its many partners. This firm even has a section of its website dedicated specifically to helping potential clients understand some of the legalese associated with the patent brokerage process.

Further increasing Ever Edge’s range of services is the fact that it is neither limited to servicing companies nor investors. Rather, the experts at Ever Edge provide a range of different services for both categories of people, making this company one of the most accepting of new clients. A general rule of thumb for Ever Edge is that if you want help, you get it.

Among the services for investors are consultation, market evaluations, and risk-side and value-side analyses. Ever Edge even facilitates the successful offering of company IPOs in order to maximize wealth while minimizing risk. Although this is a function of many business strategy consultants, it is a benefit seldom offered by patent brokerage firms.

Hoffman Patent Firm

Top 18 Best Patent Brokers in the United States (11)
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One of the best full-service patent firms on the market is Hoffman Patent Firm. Hoffman provides a straight-forward, cut and dry analysis of a variety of factors that can impact the purchase or sale of your intellectual property in a simple and effective manner. Even the company’s website reflects this commitment to a straight-forward approach.

As with any full-service patent firm, Hoffman provides assistance with everything from the registration to the enforcement of your intellectual property. They can even help you with filing a design patent application. However, another major benefit that Hoffman has over its competition is that it is a law firm first and patent broker second. That gives the company an added emphasis on legal studies which increases your chances of winning should your IP ever go to trial.

Because of the fact that the Hoffman Patent Firm is predominantly staffed by patent attorneys, rather than non-attorney patent brokers, you can rest assured that your intellectual property needs will be safely and legally secured without any risk of manipulation at the hands of a shifty brokerage agent.

Intellectual Asset Group (IAG)

Top 18 Best Patent Brokers in the United States (12)

If the patents that you’re looking to acquire are in the fields of telecommunications, semiconductors, consumer electronics, or a related field, then the Intellectual Asset Group (IAG) is one of the top options on the table.

IAG maintains a database of prospective and actual patent buyers and frequently updates that database in order to ensure that it contains the most accurate contact information for its clients both on the in-bound and out-bound side of the patent transactions.

Moreover, IAG will help with all aspects of the purchase and/or sale of any intellectual property submission that it accepts. That includes the initial valuation, suggested prices, and even presenting the portfolio to any prospective buyers. Since IAG’s client list includes both buyers and sellers within the same industry, the turnaround time is much faster than at many single-sided brokerage firms.

Prognosis IP

Top 18 Best Patent Brokers in the United States (13)

Another great option if you’re looking to find a brokerage firm owned and operated by attorneys, rather than solely non-attorney business people, is Prognosis IP. Prognosis was founded by attorneys in order to present prospective and actual patent buyers and sellers with strategic solutions for revenue generation in both active and passive patents.

Throughout the history of the company, Prognosis has consistently demonstrated its skill for litigation. Its attorneys have successfully prosecuted more than 1,000 companies on the basis of intellectual property infringement–among other things–and has generated more than $10 million in the process.

One of the most noteworthy aspects of Prognosis IP’s work is that the company is capable of seeking out, buying, and monetizing intellectual property in any industry, provided that the technology has been made public. Although you can do the same through a Google patent search, the benefits of hiring a team of experienced lawyers far outweigh those of working pro se.

Red Chalk Group

Top 18 Best Patent Brokers in the United States (14)

The Red Chalk Group services just about 21 categories spread across a wide array of industries. Though not as comprehensive as a standard patent firm’s array of industry options, the options provided by this firm can be exactly what you need if you already know what you’re looking for and in which industry it is to be found.

This firm doesn’t only function as a brokerage group. Otherwise, it quite likely would not have made this list. Instead, what makes the Red Chalk Group stand out is the fact that the company also offers IP portfolio valuations, acquisitions assistance, and more.

Although not quite a full-service patent law firm, this company is still capable of helping you through just about any part of the patent brokerage process. Whether the company’s clients are looking to buy or sell, invest or divest, or any other form of optioning intellectual property, the Red Chalk Group has proven its excellence in providing strategic solutions to match those needs.

Tech Insights

Top 18 Best Patent Brokers in the United States (15)
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If you happen to be looking for technological patents, then there is arguably no company better suited to assist you than Tech Insights. Tech Insights is a full-service patent brokerage firm that retains a handful of attorneys in order to provide the additional benefits of patent assertion and defense.

However, what sets Tech Insights apart from its competition is the fact that it doubles as one of the market’s preeminent technology research firms. Not only does it carry out patent protection legislation but its expert technicians and engineers also conduct detailed and reliable reverse engineering experiments.

Unfortunately, in order to access the data from the company’s reverse engineers, you’ll have to create an account and pay for a subscription. That means that you might end up paying for something for which you have no use; though the potential benefits heavily outweigh the costs, provided that you have a clear vision of what it is that you are trying to accomplish.

Think Fire

Top 18 Best Patent Brokers in the United States (16)

Another great full-service patent firm is Think Fire. This firm is an intellectual property advising, brokerage, and licence servicing firm with a list of clients that includes multiple household names in the technology industry, such as Nokia and Kodak.

Think Fire specializes in assisting in the patent process for owners of technology patents, regardless of which industries those technologies fall into. Because of this wide-reaching monetization strategy–as well as the high-quality advisory services that the company provides–Think Fire has managed to produce more than $1 billion in value for its clients since 2001.

The massive amount of wealth that Think Fire has produced in fewer than two decades makes it one of the most profitable and financially successful patent brokers on this list, with its transactional services and monetization strategies proving more than capable of succeeding in any aspect of the American technology market.

Tynax Patent Brokers

Top 18 Best Patent Brokers in the United States (17)

If you’re in the market for a brokerage firm that is willing to bring it lawyers on retainer to fight for you (as either the defendant or the plaintiff) in a legal matter related to patent infringement, then Tynax Patent Brokers is one company that should be at the top of your list of considerations.

Tynax specializes in brokerage, a fact that has led to the company’s becoming one of the nation’s preeminent options in the realm of transactional exchanges of intellectual property registrations.

Not only is the company consistently looking to buy new patents in order to satisfy the demands of its clients on the buying side of the transactions, but it also helps to monetize existing patents, provided only that they bear some semblance of commercial viability and have not already been infringed.

Vibrant IP

Top 18 Best Patent Brokers in the United States (18)

When it comes to medical patents, there is no company capable of matching the level of success that Vibrant IP has achieved in the field of patent brokerage. Part of the reason for the company’s success is also the reason that you should only consider using it if you’re looking for medical patents: the company only services transactions in the medical industry.

If that does, however, match your needs, then you can stand to optimize your risk-value ratio in a cost-effective manner through the use of Vibrant IP’s IP mining operations, strategic consulting, and patent valuation services. While those tend to be among the most in-demand services that the company provides, the benefits don’t stop there.

Unlike many other brokerage firms, Vibrant IP will also market your technology to its ever-growing database of prospective and actual buyers at the most optimal time in order to satisfy peak demand and maximize the firm’s monetization efforts.

Conclusion

When it comes to buying and selling intellectual property of any kind, especially patents, finding the marketplace that is right for you can pose a significant challenge. It just takes time, resources, and experience. Fortunately for you, we at Bold Patents have all of the above!

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Whether you’re looking for a general broker or a single-industry specialist, an attorney who also buys and sells patents or a broker who can also provide legal advice, or any other form of brokerage assistance, you can rest assured that there is something out there for everybody.

All that’s left to do now is to start making calls!

Legal Note: This blog article does not constitute as legal advice. Although the article was written by a licensed USPTO patent attorney there are many factors and complexities that come into patenting an idea. We recommend you consult a lawyer if you want legal advice for your particular situation. No attorney-client or confidential relationship exists by simply reading and applying the steps stated in this blog article.

FAQs

Who will buy my patent? ›

If you are one of the many inventors or entrepreneurs looking to buy or sell patents, here are some great places to do so:
  • Free Marketplaces. Patent Mall. PatentAuction.com. ...
  • Paid Marketplaces. Yet2.com. IAM Market. ...
  • Patent Brokerage Marketplaces. ICAP Patent Brokerage. IP Trader. ...
  • Programs for Patent Owners. Marathon Patent Group.

How much is a patent worth? ›

In general, patents without infringement are typically valued at their cost. This is because it is too speculative to know if the market will adopt the technology before the patent expires. The average US patent costs about $50,000, plus or minus.

How do you make money off of a patent? ›

A patent is an important document which grants ownership to an invention. However, simply owning a patent won't generate a dime for the inventor. To profit from your idea, you must sell the patent, license usage rights, or market the product yourself.

How do you sell a patented invention? ›

To sell a patent, the patent holder must determine the quality of the underlying invention outlined in the patent. A patent is a vital doc that grants possession to an invention. To gain revenue out of your concept, you will need to promote the patent, license utilization rights, or market the product yourself.

What is a poor man's patent? ›

A poor man's patent is essentially writing out a description of your invention and then mailing that written description to yourself. This postmarked envelope supposedly acts to create the date of your invention as the date this written description was postmarked.

What patent makes the most money? ›

1. Improvement in Telegraphy. The patent for the telephone is often considered to be the most valuable patent in history.

Who is the patent king of the world? ›

Shunpei Yamazaki — The Guinness Book of World Records currently names Shunpei as having more patents than any other person. He has been granted 2,591 United States utility patents and has 9,700 worldwide patents, which is cumulative of more than 40 years of inventions.

Does a poor man's patent work? ›

The clear appeal of the “poor man's patent” is that mailing yourself written documentation is much easier and considerably less costly than preparing, filing and prosecuting an actual patent application. Unfortunately, the concept is fundamentally flawed and offers no meaningful legal protection or credibility.

How do I know if my idea is worth a patent? ›

So before applying a patent make sure:
  • The invention is useful or other words provide a “utility”.
  • The invention is “novel”
  • The invention is “non-obvious” and.
  • The invention must not have been disclosed to the public prior to the application for the patent.

How do people get rich with patents? ›

Here are six ways to make money from your patents.
  1. Start a business: Product conversion. ...
  2. License your patent. ...
  3. Use a patent licensing company. ...
  4. Use it as collateral for a bank loan. ...
  5. Sell off your patent rights. ...
  6. Sell to a business that's expanding to your country.

What is the fastest way to patent an idea? ›

6 Steps to Patent an Idea
  1. Step 1 – Verify the Idea is Eligible For a Patent. ...
  2. Step 2 – Keep a Detailed Record of Everything. ...
  3. Step 3 – Make a Prototype. ...
  4. Step 4 – Apply For a Provisional Patent. ...
  5. Step 5 – Hire a Patent Attorney. ...
  6. Step 6 – File Your Patent Application.
14 Sept 2021

How long do invention royalties last? ›

Patents usually expire 20 years after the date they were filed. Why is this important to know?

What happens if someone copies a patented idea? ›

If someone uses your invention without your permission, you are entitled to stop their use of the invention by seeking a legal injunction in Federal court. In addition, you are entitled to collect damages for any unlicensed use of your invention.

How long does it take to sell a patent? ›

On average, like any significant business transaction, the process of selling a patent takes around nine months.

Can you sell a patent without a prototype? ›

Many inventors wonder if they need a prototype prior to patenting an invention. The simple answer is “no'. A prototype is not required prior to filing a patent application with the U.S. Patent Office.

Which is the only president to have a patent? ›

While many presidents have supported the U.S. patent system and recognized the contributions of our nation's most influential inventors, only one president has earned a patent himself — President Abraham Lincoln. On May 22, 1849, Lincoln was granted U.S. Patent No. 6,469 for a device designed to lift boats over shoals.

What is a patent shark? ›

Patent trolls (or sharks) are patent holding individuals or (often small) firms who trap R&D intensive manufacturers in patent infringement situations in order to receive damage awards for the illegitimate use of their technology.

Who is the largest patent holder in the world? ›

2020 Global 250: The World's Largest Patent Holders
RankUltimate OwnerActive Families
1Samsung Electronics Co Ltd80,577
2International Business Machines Corp38,541
3Canon Inc36,161
4Microsoft Corp30,042
150 more rows

Which city has the most patents? ›

The 100 Most Genius Places in America
RankCityTotal Patents
1princeton, nj10,049
2redmond, wa31,153
3morristown, nj10,465
4santa clara, ca58,341
88 more rows
28 Apr 2016

Does Mark Zuckerberg have a patent? ›

Mark Zuckerberg's patent portfolio has 177 patents that belong to 31 unique patent families.

Who Patented number 1? ›

The U.S. government had issued 9,957 patents before starting a numbering system. On that occasion, U.S. patent no. 1 was issued to John Ruggles for a traction wheel for steam locomotives.

Which country patent is best? ›

In a ranking of patents by Country, China leads with a total of around 695,400 international (PCT) patent applications filed per year, followed by the United States and Japan, respectively. The top ten countries account for more than 88% of all applications filed annually, as of 2021 statistics.

Can someone steal my patent? ›

As soon as you file a patent application with the U.S. Patent and Trademark Office (USPTO), your invention is "Patent Pending." Once your application is submitted, nobody can steal, sell, or use your invention without your permission. If this happens, they are infringing on your patent, assuming it gets issued.

What are 4 examples of what Cannot be patented? ›

What can't be patented?
  • literary, dramatic, musical or artistic works.
  • a way of doing business, playing a game or thinking.
  • a method of medical treatment or diagnosis.
  • a discovery, scientific theory or mathematical method.
  • the way information is presented.
  • some computer programs or mobile apps.
17 Dec 2018

Can you steal an abandoned patent? ›

Q: Can I take someone's patent if it's abandoned? A: If you mean by "take" that you can pursue the patent process and obtain an issued patent and preclude others from practicing the invention. The answer is no as you were not the first to invent whatever is in the abandoned patent.

How much is my invention worth? ›

Unfortunately, there is no magic formula for determining this. The value is determined by whether the invention is patentable, by the amount of money you can make through selling products or services under the patent, and by any licensing fees you can obtain from others interested in your invention.

How much does a 20 year patent cost? ›

A utility patent cost ranges from $5,000 to over $15,000, including lawyer fees. If properly maintained, it lasts for 20 years. The breakdown of utility patent costs include: USPTO Filing Fees: $75 to $700.

How long is a patent good for? ›

How long does patent protection last? Patent protection is granted for a limited period, generally 20 years from the filing date of the application.

Do patent inventors get royalties? ›

Unless an inventor decides to manufacture their own invention, they usually will obtain income through royalties from licensing the invention to other companies. These entities control the manufacturing, distribution, and marketing processes. Royalties are usually measured in terms of net sales.

How do I protect my idea before getting a patent? ›

If you determine that the invention is probably not patentable, the most effective way to protect yourself is to have prospective licensees sign a nondisclosure agreement before you reveal your invention. This document is sometimes called an "NDA" or a "confidentiality agreement," but the terms are similar.

What are the 4 requirements for an invention to qualify of a patent? ›

Under U.S. patent law, an invention is patentable only if it meets the following four requirements, which are discussed in more detail below:
  • The invention must be statutory (subject matter eligible)
  • The invention must be new.
  • The invention must be useful.
  • The invention must be non-obvious.

Can you patent an idea without a design? ›

The simple answer is no—you cannot patent an idea for an invention. The invention itself has to be produced or a patent application containing the invention must be filed with the U.S. Patent and Trademark Office (USPTO).

What is a good royalty rate? ›

In most cases, licensors prefer a royalty rate that falls within 25% to 75% range of the sublicensing income. Their stake usually amounts to more than half of all profits. In rare cases, the licensee can negotiate a rate split and apply their own royalty obligation to the sale of sub-licensed products.

How much should I ask for royalties? ›

Well, royalty rates vary across book formats like prints or ebooks. They also vary across publishers (if you're on the traditional route) as well as stores (if you're self-publishing to them directly). Generally, the average royalty rate is around 10% under traditional publishing and up to 70% under self-publishing.

Can an invention make you rich? ›

A great invention at the perfect time can earn the inventor millions, a few good inventions can keep the inventor going for years, or inventing can be a money sink that never amounts to anything. However, there are several ways to profit from an invention idea you should know about.

Can you sue someone for stealing your idea without a patent? ›

Ideas alone are not protected under intellectual property law. There are two primary ways that you would be able to sue the company for stealing your idea. The first is if you did, in fact, reduce the idea to a protectable form before telling the company about it.

Can I sell a product already patented? ›

The U.S. Supreme Court in a recent ruling has opined on the rights of a purchaser to use and resell patented products. The patent system give the patent owner the right to exclude others from making, using, and selling the patented invention, for the life of the patent.

Does InventHelp steal ideas? ›

Is InventHelp legit? Yes, InventHelp is a legitimate way for inventors to bring their ideas to market. The company has been in business for more than 35 years and helped inventors secure more than 10,000 patents.

How much is a good patent worth? ›

If the corporation makes an offer, it will typically be anywhere from $50 thousand to $8 million, and can be higher. On the other hand, an inventor trying to simply market an issued patent to corporations, is likely to get anywhere from $5,000 to $35,000.

How much is the average patent worth? ›

The US average cost of a patent is about $50,000. This is a benchmark of comparable patents that can be used for the cost approach valuation technique.

Who will buy my patent? ›

If you are one of the many inventors or entrepreneurs looking to buy or sell patents, here are some great places to do so:
  • Free Marketplaces. Patent Mall. PatentAuction.com. ...
  • Paid Marketplaces. Yet2.com. IAM Market. ...
  • Patent Brokerage Marketplaces. ICAP Patent Brokerage. IP Trader. ...
  • Programs for Patent Owners. Marathon Patent Group.

What is a poor man's patent? ›

A poor man's patent is essentially writing out a description of your invention and then mailing that written description to yourself. This postmarked envelope supposedly acts to create the date of your invention as the date this written description was postmarked.

Can I buy an abandoned patent? ›

Once you've located a patent that has expired, you can contact the patent owner and negotiate a sale. You can buy the invention and all rights to it, including the patent. You then renew the patent by paying the lapsed fees.

What is the cheapest way to patent an idea? ›

So you can find out if your idea will be successful in the market and of course so you can raise

› how-to-sell-patent ›


How to Sell a Patent

https://www.goldsteinpatentlaw.com › how-to-sell-patent
https://www.goldsteinpatentlaw.com › how-to-sell-patent
This option can remove the stress of the numerous business decisions that must be made to get an invention off the ground. The ability to earn continued royalti...
If you're like most inventors out there, you've probably spent a ton of money, times, and hard work to make your invention, and even more time and money...

How To Sell A Patent

https://www.forbes.com › sites › 2019/12/10 › how-to-sell...
https://www.forbes.com › sites › 2019/12/10 › how-to-sell...
As a serial entrepreneur, I've learned a lot of valuable lessons I wish I'd known when I conceived my first idea and began searching the internet for “h...

How much can you sell your patent for? ›

If the corporation makes an offer, it will typically be anywhere from $50 thousand to $8 million, and can be higher. On the other hand, an inventor trying to simply market an issued patent to corporations, is likely to get anywhere from $5,000 to $35,000.

Does Walmart buy patents? ›

Walmart has a total of 6515 patents globally, out of which 1875 Walmart patents have been granted. Of these 6515 patents, more than 61.39% of patents are active.
...
Which Companies are using Walmart Patents to Advance their Research?
CompanyNumber of Patents
Facebook53
9 more rows
2 Aug 2022

How does a poor man's patent work? ›

The theory behind the “poor man's patent” is that, by describing your invention in writing and mailing that documentation to yourself in a sealed envelope via certified mail (or other proof-of-delivery mail), the sealed envelope and its contents could be used against others to establish the date that the invention was ...

Will companies pay for ideas? ›

There are thousands of companies that pay for ideas. Since a new product idea can come while you're anywhere, learn to keep a hardcopy or digital notebook where you write anything that comes to mind. But before you submit your invention idea, make sure it's the best option.

How do I know if my idea is worth a patent? ›

So before applying a patent make sure:
  • The invention is useful or other words provide a “utility”.
  • The invention is “novel”
  • The invention is “non-obvious” and.
  • The invention must not have been disclosed to the public prior to the application for the patent.

How long does it take to sell a patent? ›

On average, like any significant business transaction, the process of selling a patent takes around nine months.

What is a reasonable royalty for a patent? ›

A 'reasonable royalty rate' is an estimation of damages in patent infringement cases. It is often referred to as established royalty that a licensee would pay for the rights to the patented invention in a hypothetical negotiation.

Is Chick Fil A patented? ›

Now, to be clear, founder S. Truett Cathy didn't invent the process to create a chicken sandwich—something easily proven by the fact that, as far as I can tell, Chick-Fil-A does not have any patent filings under its corporate name.

Does McDonald's have patents? ›

McDonald's has a total of 52 patents globally, out of which 16 have been granted. Of these 52 patents, more than 19% patents are active. Europe is where McDonald's has filed the maximum number of patents, followed by Australia and USA.

Does Amazon have any patents? ›

Amazon has a total of 24355 patents globally. These patents belong to 12104 unique patent families. Out of 24355 patents, 11313 patents are active.

Who is the only president to hold a patent? ›

(Gilder Lehrman Collection) On March 10, 1849, Abraham Lincoln filed a patent for a device for "buoying vessels over shoals" with the US Patent Office. Patent No. 6,469 was approved two months later, giving Abraham Lincoln the honor of being the only US president to hold a patent.

Can someone steal my patent? ›

As soon as you file a patent application with the U.S. Patent and Trademark Office (USPTO), your invention is "Patent Pending." Once your application is submitted, nobody can steal, sell, or use your invention without your permission. If this happens, they are infringing on your patent, assuming it gets issued.

What is a patent shark? ›

Patent trolls (or sharks) are patent holding individuals or (often small) firms who trap R&D intensive manufacturers in patent infringement situations in order to receive damage awards for the illegitimate use of their technology.

How do you sell an idea to a company without them stealing it? ›

To protect your interests, consider two common strategies employed by inventors, amateur and professional alike. First, you can file a provisional patent application (if your invention is patentable). Second, you can use a nondisclosure agreement (regardless of whether it is patentable).

Does Amazon accept invention ideas? ›

We are required to inform you of the following Statement of Company Policy to you: Amazon.com does not accept creative ideas, proposals, concepts, suggestions or materials (whether of a technical, business, financial or other nature) other than those that we specifically request.

How much do inventors make on royalties? ›

The average royalty for licensing an invention is 3 to 6 percent of the product's wholesale price, which is the price the company charges the consumer. If you have a profitable product and choose the right manufacturer, a licensing agreement can be a great way to make money from your invention.

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