Patent sale

[Marq]

Don't know much about this area but I would say that one should keep the patent, but sell the idea and a limited type rights to say a lawnmower outfit. And then as Dave says collect the royalties.

[duncan drennan]

If it's just the marketing budget that's a problem, try Verimark. They're into this gadgety stuff.

I'll suggest that, it seems like a good idea.

Another option is to find someone interested in producing it and just collect the royalties.

Don't know much about this area but I would say that one should keep the patent, but sell the idea and a limited type rights to say a lawnmower outfit. And then as Dave says collect the royalties.

The challenge is actually finding someone interested in licensing/buying the idea - where do you look for buyers? Are there people who specialise in matching up interested parties?

What I found quite interesting is that the lawnmower companies are not really interested because they are more interested developing their petrol mower sales (because they require more after sale servicing....)