Friday, December 28, 2012

What Guarantees Can Davison Make For Inventors?


Davison is a product development company with designs that have sold in over 1,000 retail and online stores. CEO George Davison has created a 110,000 square foot office in Pittsburgh, about half of which is called Inventionland, a creative atmosphere for the design and development team. Davison cannot guarantee that someone else will not think of the same idea while they are working and developing an invention idea, but they can guarantee that inventors will work with professional quality service. Davison has more than twenty years of experience designing, engineering, building and testing new inventions. However, they do warn their clients that few inventions will be licensed, sold in stores, or result in financial gain.

Davison can also guarantee a confidential exchange of ideas and information, so inventors don’t have to worry that their ideas will be taken. Trusting someone else with your idea is one of the hardest things inventors will go through in the development process.

Another thing that Davison will guarantee is a design team that will work with inventors in every aspect of product development, including product research, design, engineering, prototype constructions and packaging. Davison also has affiliation with many corporations looking to consider new ideas for potential licensing deals. In order to get these license deals, Davison prepares materials and product samples for presentations, negotiates licensing agreements and manages royalties, if a product reaches a point where it is generating sales.

New product development is an uncertain endeavor and the typical invention is not licensed, sold on any market, or profitable. In fact, no company can guarantee success. To this day, even big companies like Apple Inc. and Microsoft can’t guarantee their new products and software will do well.

Davison’s research, development and presentation services are provided for an upfront fee paid by the client and a contingent fee (which is a percentage of royalties obtained by the client, if any).  New product development is an uncertain endeavor and the use of Davison’s services typically does not result in a license agreement, sales on any market or profit to the inventor.  Davison does not perform analysis of the feasibility, marketability, patentability or profitability of ideas submitted to it.

Click here to confidentially submit your idea.

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