Entrepreneurs are Mining this Database of New Government Patents for Product Ideas
Hundreds of business-worthy ideas are developed inside federal laboratories. Businesses and entrepreneurs are welcome to commercialize them, but historically, few know who to contact and what paperwork to submit.
Much of the problem lies in a lack of knowledge. While finding an idea, technology, or invention is one thing, being able to execute on commercialization requires having a basic understanding of technology transfer, which is how a government invention can become a new company, new product, or new service.
By Troy Carter