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Law Educator, Esq.
Law Educator, Esq., Attorney
Category: Legal
Satisfied Customers: 112649
Experience:  JA Mentor -Attorney Labor/employment, corporate, sports law, admiralty/maritime and civil rights law
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I have an invention that is near patent----how do i get a licensee

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I have an invention that is near patent----how do i get a licensee to buy the rights to build, market and sell the product, or what type of person do I contact ???? This is a substantial piece of equiptment for the oil and gas industry called an encapsulating device for the purpose of shutting off errant or uncontrollable fluid or gas from pipelines or wells.
You would need to at least apply for a provisional patent to protect yourself if you have not yet applied for the regular patent. Then the next step is making contact with the major oil companies and the drill rig manufacturers to approach them with the prototype of your invention or with the blue prints and design of the invention. The only way to really get them to buy is to prove the idea is financially viable and that it actually works, which is hard to do without a prototype.


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