Full-time and part-time independent inventors: Rising with the creative class

Author： Weick Cynthia Wagner Martin James D.

ISSN： 1465-7503

Source： The International Journal of Entrepreneurship and Innovation, Vol.7, Iss.1, 2006-02, pp. : 5-12

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Abstract

Analysis of data from a survey of independent inventors showed that part-time and full-time inventors were similar in terms of age, gender, educational level and the types of inventions they pursued. However, sales levels achieved were significantly related to the combination of a full-time commitment to inventing and a willingness to invest in patent protection. Further interviews of successful inventors indicated that the transition from part-time to full-time inventing was driven by either unexpected events, a desire to change careers, or preference for working in a more creative atmosphere. The interviewees showed optimism for the future of independent inventors, who they believed would benefit from the creativity encouraged by unstructured environments. They were also optimistic about a broader customer base due to global expansion of market-based economies, and increased distribution opportunities.