Finding a buyer for your invention usually involves , where a company pays you royalties to manufacture and sell your product, rather than buying the idea outright . Many established corporations actively seek outside innovation through "Open Innovation" portals. 1. Major Companies with "Open Innovation" Portals
These companies help with development and marketing for an upfront fee or a share of future royalties:
Quirky : A community-led platform that takes consumer product ideas, refines them with designers, and shares profits with inventors.
Bosch, FastCap, and Hyde Tools seek professional and DIY tool improvements.
Wilson, Under Armour, and Escalade Sports have portals for performance gear. 2. Specialized Invention Buyers & Licensing Agents