Edison Nation: Match-making for innovators and companies

Edison Nation: Match-making for innovators and companies

Originally submitted by Vanessa Watkins
last updated by Rafael Popper

Weak Signal's progress: fully-fledged

This Weak Signal came from: 
European Commission Framework Programme for RTD

The theme/scheme related to this Weak Signal: 
Theme 8 - Socio-economic Sciences and the Humanities

The sub-theme that best relates to this Weak Signal: 
Blue Sky Research on emerging issues and other research economies

When did the Weak Signal manifest ? 
2000-2005

Weak Signal's description 
Edison Nation is an online community dedicated to inventors and people with ideas. It aims at helping them to turn their ideas into products and companies discovering those ideas. People can submit their ideas (into the Live Product Search database), learn about invention processes, present their ideas to companies and find other people who are capable of helping them with skills they lack (inventors help inventors). Edison Nation sees itself as an intersection between inventors and business. By a network of retailers and manufacturers new product ideas are brought to store shelves. If an idea is selected by a company, the inventor is paid a $2,500 advance plus a percentage of sales. Selected innovation ideas and their process from the idea to a real product are documented by the Everyday Edisons show – broadcasted on TV and DVD.