Ideas — Who Buys Invention

Hasbro and Spin Master are known for licensing external toy designs.

InventHelp : Provides submission services and technical drawings. who buys invention ideas

New Soda: Specifically looks for clever kitchen gadget ideas and pays royalties on successful concepts. 3. Professional Invention Services (Review-Based) Hasbro and Spin Master are known for licensing

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 who buys invention ideas

These corporations have dedicated systems for individual inventors to submit ideas in specific categories:

Invention City : Offers a "Brutally Honest Review" and occasionally offers licensing deals that cost the inventor $0 out-of-pocket.

Some firms specialize in vetting and bringing independent inventions to market: