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Davison Design & Development appealed, and ultimately settled, with the FTC in 2008, agreeing to pay $10.7 million in cash, real estate and investment assets. [12] In keeping with the requirements of the American Inventors Protection Act of 1999, [ 13 ] the judge set out the details of an "affirmative disclosure statement" to be issued to ...
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One such firm, Davison Associates, disclosed that of 900 ideas where a client had a prototype built of their invention at an average cost of $11,000, only 30 of those inventions were licensed within 6 months. Of the inventions licensed, only 10 made more in license fees than the cost of the invention promotion services. [4]
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The interior renovation took one year and cost $5 million. [4] Within Inventionland's 61,000 square-foot design facility are 16 themed sets, named and designed to reflect the new-product invention activity within. Some of the sets include: Motor Speeday: industrial and automotive products [3] Discover Pirate Ship: toy department [5]
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