How to Turn Your Patent Into a Business: Introducing Creating Value From Your Patent

You’ve done the hard work. You had the idea, invented something new, filed the paperwork, and earned your patent. But now what? For many inventors and entrepreneurs, a patent sits on a shelf — a legal right without a clear path to the marketplace. That gap between intellectual property and real-world revenue is exactly what The Inventor’s Patent Academy’s newest free course aims to bridge.

Creating Value From Your Patent, the latest offering from The Inventor’s Patent Academy (TIPA), is a practical, business-focused course that teaches inventors how to transform a patent from a legal document into a market-validated, fundable, and commercially viable asset.

What Is the Creating Value From Your Patent Course?

This new course focuses on the business side of inventing, the part that patent attorneys don’t always cover. Students learn how to build a commercialization strategy for their intellectual property, from validating the market to pitching their invention to investors and bringing their product to market.

Topics covered in the course include:

  • Market Research and Validation — Understanding whether a real market exists for your invention
  • Team Building — Identifying the right people to help bring your idea to life
  • Proof of Concept, Prototyping, and Product Development — Moving from patent to physical product
  • Integrating IP Strategy into Business Strategy — Making your patent work harder for your business
  • Funding and Budgeting — Exploring financial pathways for inventors and startups
  • Establishing Your Business Model — Defining how your invention creates and captures value
  • Pitching Your Invention — Communicating your idea compellingly to investors and partners
  • Getting Your Invention to Market — Navigating the final steps to commercialization

Who Created This Course — and Why It Matters

Creating Value From Your Patent was developed in collaboration with Invent TogetherQualcomm, Inc., a global innovation leader with more than 200,000 patents and applications worldwide, and New England Invents, a Massachusetts-based nonprofit dedicated to helping inventors turn ideas into products.

Course content was shaped by a team of patent holders and commercialization experts, including George Peters and Morris Newman of New England Invents; Erin Kelley, founder of Hexalign and a specialist in STEM innovation; and Ram Krishnan of Qualcomm, Inc.

What makes this course unique is its focus on peer learning. Students receive guidance from fellow inventors and entrepreneurs who share hard-earned lessons from their own patenting and commercialization journeys — real stories from people who have faced the same challenges you might be encountering.

Start Turning Your Patent Into Value

Whether you’re a first-time inventor or an experienced entrepreneur, knowing how to leverage your intellectual property is one of the most important skills to develop. A patent becomes more valuable if you can bring it to market — and that requires business knowledge, strategy, and the right support network. Creating Value From Your Patent gives you all three, completely free.

Ready to get started? Click here to enroll in The Inventor’s Patent Academy to unlock your patent’s value and explore TIPA’s full library of free courses for inventors and entrepreneurs.