Finding Companies That Embrace Open Innovation and Inventors

Not all companies love working with independent product developers. We hate to say it, but it’s true. If you want to license your ideas for passive income, you need to seek out companies that embrace open innovation. Licensing expert Stephen Key lists red flags to watch out for, including tips regarding non-disclosure agreements and patents.

There are many companies out there that WANT to work with you. Don’t just take it from us! Listen to our webinar with Warren Tuttle, the director of open innovation at Lifetime Brands, global leading provider of housewares goods .

Listen here:

inventRight is a one-on-one coaching program that has helped people from more than 40 countries license their ideas for new products. It was founded by Andrew Krauss and Stephen Key in 2001. Visit for more information and to become their student.

Call -800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here:

Want to learn how to license your product ideas without a patent? Stephen’s book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here:

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

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