As for the NDA, the biggest problem with going forward only with the NDA is that you risk unauthorized third party disclosure. For example, lets say you speak under an NDA to a manufacturer in Taiwan. That manufacturer tells the engineers about it and one of the engineers then speaks to someone else outside the company that is not bound by the NDA. Clearly there has been a breach of the NDA, but the unauthorized disclosure may be a public disclosure that bars patents in certain jurisdictions. If the invention is in the public domain, then no one will have to license from you. Suing someone in another jurisdiction for the breach is probably going to be out of the question for most inventors. The risk of this happening is small, but the fee for a provisional patent application (110USD) is so small that it doesn't make sense for an inventor not to file their own before talking to manufacturers.
I always find your post's very informative and balanced.
Reading my own post below its like we are from two different planets!
I have been trying to explain my methods and with help from other Forum members like Adam, I am think I am getting there, I know from your perspective my methods could look very risky, I am using the internet as my tool for Licensing and also my trip to Taiwan Mid this year has made a huge difference and having 4 License agreements agreed to before I stepped a foot in Taiwan was also an achievement for me all done with my Computer and many E-Mails.
I do know that getting my goal of 10 License agreements in total before Xmas 2009.
is becoming very real and the reason being is Relationships and Friendships showing trust and honesty, I have got to a Point that (NDA’s are not relevant with the companies I deal with) and Patent’s do not come into play until I have strong interest from a Manufacture, then we look at tooling and Patents Marketing, Distributors of course, because also methods of manufacture could me to be patented also!
I am trying to give Inventors perspective here!, also another Note important only one of my clients has had their Invention stolen, that was 40 years ago and this was a large U.S Manufacture!
The 3 stages
Fast 1-6 weeks
Average 12-30 weeks
Sleeper 26-150 weeks
These two below clients below are sleepers Inventions, big projects that take time to get the deals done, from half a year to 2 years max.
No.8. Karl's Move Ya Bastard Taiwan Manufacture has the prototypehttp://www.abc.net.au/tv/newinventors/txt/s1854237.htm
The prototype is with a Taiwan Manufacture in their Taipei head office, with the owner of this 5 trading companies combined, 3 factories in China and 2 in Taiwan, I prefer to have the Licenses signed in Taiwan even if the product is made in China.
All in Good Faith I have given the manufacture 1 year to decide if they will License it from me for my client. Currently the manufacture is doing all costing and showing U.S and Europe distributors looking to get orders before Licensing from me, this makes sense for a development project of this size.
This is the second sleeper which is about the wake up!
No.4. Paul's Quadra Bench System, Being Considered by a Taiwan Manufacture Invention sent by Ship to Taiwan March 2009http://www.abc.net.au/tv/newinventors/txt/s1770899.htm
This prototype has returned from Taiwan for redesign by Mike Burke http://www.jamb.com.au
Then with the new manufactures drawings the manufacture will consider this product for production under a royalties agreement!
There are a lot of strategies like the commitment to part of the shipping to prototypes for review this applies to prototype that need to go by ship transport.
I am giving other Inventors real situations that I deal with, not make believe and idle chatter; I can also see the differences in business in the U.S and Europe.
It’s obvious that Asia is the place to go and the methods of the west are counterproductive and over legalistic, self defeating in a real sense from my perspective. (What have you done to me Adam I am finding my big words now)
Lets trim off all the fat and get to the real issues!http://www.inventionsecrets.net