What is the business model at Energryn Corporation?
Our strategy focuses on technology-related problems that needs a solution from now. There are many avenues we can pursue, and the particular direction we take will depend on the inventions, the market opportunities and most importantly, timing.
How is Energryn Corporation making money?
We will use our diversified invention portfolio for a variety of business pursuits. We focus on a number of commercialization avenues and market opportunities including: starting spin-off companies, doing joint ventures with other companies and/or licensing inventions to product development organizations.
Are you going to make money through litigation?
Our focus is on the business of
invention. Altough we are ready for litigation if we need to protect our interest, it is not a goal of Energryn Corporation. Litigation takes a lot of time, costs a lot of money and most importantly, takes attention away from the core business.
Do you plan to make or sell products?
The novel thing about our business is that invention is our
product. We plan to focus our energies on inventing since that is our
core strength. While our focus is not on traditional "product
development" and the activities that typically go along with that
business model, it's always conceivable we will follow some of our
inventions through the entire manufacturing process via joint
ventures or activities of that nature.
Who are your investors and how much money have you raised?
Our investors include institutional investors, individuals and corporations. Like most privately held companies, however, we don't disclose specific details about our financials or our investors.
What is the difference between an invention and a patent?
In the simplest form, an invention is the idea and a patent is the formal property right to that idea. At Energryn Corporation, we invest in invention because we believe it's the highest-value activity a company can support, yet it's an activity that is most often overlooked, under- funded, or done as a sideline, and nearly always taken for granted. Because of that, many great ideas go unpatented. Our core business is to patent them.
What type of people work at Energryn Corporation? Is it just a bunch of lawyers?
Energryn Corporation is a very unique mix of scientists, technologists, business leaders, strategists, attorneys, IP experts and support staff. The primary driver of our success is the wide variety of talent who work together as a team, studying and exploring hard technical issues and coming up with new ideas.
Who are your inventors? Can I join?
We are very fortunate to have access to a wealth of inventive energies. The inventors we work with include some of the greatest minds in science and technology. Currently, we aren't hiring staff inventors, but feel free to submit a resume for consideration (email@example.com). Unfortunately, we cannot personally reply to every email we receive but every email is read and every resume is reviewed.
How do you come up with your invention ideas?
Energryn Corporation invention efforts center on multidisciplinary brainstorming events focused on a particular set of issues and possible solutions. We typically hosts several 2-3 day invention sessions per month.
How do ideas get turned into inventions?
During and after the sessions, the invention team determines the feasibility and originality of ideas through research and discussion with the inventors. These activities eventually culminate into the drafting and filing of patent applications. Once filed, it typically takes 18 months until that application is published at which point it is then available for public viewing.
Do you provide resources to inventors or help promote invention outside of Energryn Corporation?
In an effort to share some of what we've learned, we have developed a Joint Venture Program where inventors can collaborate with us to generate and patent inventions. We thought fellow inventors would find useful.
What do you think of the proposed changes to patent law and the USPTO?
We are strong supporters of the USPTO and the patent law system. While we believe improvements can be made to the existing system, they should be made to protect the property rights of all inventors and not just big corporations. It is important that any changes maintain the property rights of small inventors who are the driving force behind much of the world’s innovation.
Will you look at my invention or hear my ideas for inventions and let me know if they are good ones?
Given our intense curiosity here, it's always hard to turn away an opportunity to hear good ideas. And while we are interested in hearing about new ideas and inventions, we are very careful to only look at inventions that have already been protected or disclosed publicly in some way.
If you wish to send us information that is already public that you think would be of interest to us (for example published papers, patent numbers or published patent applications), please send your inquiry along with a list of the publicly available information to firstname.lastname@example.org.
How many patents does Energryn Corporation have?
We are constantly inventing and filing patents on our inventions. While we don’t disclose exact numbers, we are very proud of our invention efforts to date.
Intellectual growth should commence at birth and cease only at death. Albert Einstein