This is a tough question and many people are grappling with trying to figure it out. The answer may depend upon the particular technology involved but this is a general answer. I have worked in the corporate Patent Departments of several large companies. It is common for them to receive inquiries from outsiders on a regular basis. From their perspective they are doing you a favor by reviewing your technology. Let me explain. These large companies have what they consider to be top level technical staffs continually trying to develop new products for them. It would be a disaster for them to be about to launch a major new product that they developed, and then they receive an unsolicited disclosure for the same technology from an outsider. They will find themselves in major litigation for stealing technology that they developed. Accordingly, many companies are not eager to review technology from outsiders. Of course, from your perspective, you are doing them a favor by offering your technology to them. What you will need to do is contact competent legal counsel and search to see if anyone else has filed any Patent Application on your improved technology. If not, you should file a Provisional Application. This process should not cost you more than $2500. Then you should contact the companies that are already in the market. You will need to sign an agreement that you will be relying on your Patent Rights if any controversy arises.
Answered on Jun 24th, 2013 at 11:09 AM