New inventions make the world go round, solving problems we all experience on a day to day basis. If you would like to be involved in the process but don’t have any inventions of your own, you can always work with inventors and manufacturers, investing in designs and inventions that will bring in income for you.
You will need to have some capital available if you are going to invest in new designs. There may also be some problems with bringing the design to market, so it’s important you have the funds and the ideas to help the inventor through if they do run into difficulties.
It helps if you are already part of the industry that you are investing in, because you will understand it and have contacts. This will help you to secure better deals, know how to push through processes and find the right solutions for you and the entrepreneurs you work with.