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Ideas submitted that are patented

mjellybone's Avatar

If I understand the process - once I submit, and if we get to the Finalist stage - Edison Nation now owns our Patents? per the Agreement we signed at submittal?

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magurn's Avataren_staff_badge

Hi Michael!

This is actually incorrect. Edison Nation is not assigned any patent rights unless a deal is secured for your product idea. In "Finalist" stage, the idea becomes exclusive to Edison Nation to pitch, but we do not have any assignment at that time.

Hope this clarifies and best of luck!

Robert Pontius
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