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

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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.

Keywords: CREATIVE CLASS; INDEPENDENT INVENTOR; PATENTING

Document Type: Research Article

DOI: http://dx.doi.org/10.5367/000000006775870460

Publication date: February 1, 2006

More about this publication?
  • Published quarterly, this journal provides a worldwide forum for the exploration and dissemination of ideas and experience relating to the development and application of entrepreneurship. IJEI is interdisciplinary, publishing the highest-quality work in business and management and in the social sciences. Authors and readers are drawn from government, industry and universities. It has particular appeal to researchers and teachers in higher education, especially in business schools, and university departments of management, sociology and psychology.

    Each issue includes double-blind peer-reviewed papers; a case study with teaching notes, an 'Internet Review' section which identifies and reviews Websites on a selected topic, and book reviews. For key topics go to www.ippublishing.com.
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