MARKETABILITY EVALUATIONA “marketability evaluation” is what all inventors should have completed prior to attempting to market their invention. A marketability evaluation basically considers whether the invention is “marketable” within the current and future market. This is extremely important to you since a manufacturer will not license your patent rights for an invention that may be “really neat” but is not competitive with the other products currently on the market.
Neustel Law Offices, LTD has a quick 20 Factor Invention Evaluation Form that you can complete yourself or have a friend complete. Remember, this form is only effective if you or your friend are honest with the scoring.