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zero_call comments on Open Thread: May 2010, Part 2 - Less Wrong
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I sometimes get various ideas for inventions, but I'm not sure what to do with it, as they are often unrelated to my work, and I don't really possess the craftsmanship capabilities to make prototypes and market them or investigate them on my own. Does anyone have experience and/or recommendations for going about selling or profiting from these ideas?
Sell patents.
(or more specifically, patent your invention and wait until someone else wants to use it. If this seems unethical, remember you will usually be blocking big evil corporations, not other inventors, and that the big evil corporations would always do the same thing to you if they could.)
Sell patents is right, but only if your invention is something that sells and markets itself because it is so obviously awesome and not just an incremental improvement on an existing invention. Even if it's an incredibly awesome invention, you may be better off raising money and doing it all yourself.
I'm generally good at telling people whether or not their ideas are any good -- if you want to talk privately sometime, let me know.