Davison licensing professionals will tell you that they “try longer” to get a licensing deal for new invention ideas and prototypes that were designed and developed in Inventionland. A licensing deal is an important first stop into inventor’s earning royalties on their product.
You see, like many steps in the Davison® Inventing Method, product licensing gets personal. In fact, obtaining a licensing agreement for both clients and the company, is the ultimate goal. Licensing not only gives the inventor a chance to earn royalties, it further proves that Inventionland’s inventing process works.
Product Ideas Turn into Licensed Products on Store Shelves
At Davison, that licensing dream is often reality. Currently, the company is working on many licensing deals at any given time. They are the products you see on store shelves. Twister Bolts, which were licensed by Danco, sold at Lowe’s and Home Depot. The Meatball Baker, which was licensed by Chicago Metallic, sold on QVC. Pugz Shoes, which were licensed by Hugs Pet Products, sold at Bed Bath & Beyond.
After a hard day’s work, that signed license agreement gets Davison and Inventionland another step closer to getting our inventors products on store shelves.