Stephen Key is an award-winning inventor, renowned intellectual property strategist, and lifelong entrepreneur. He achieved repeat success as an independent product developer. His most notable work, called Spinformation, solved the longstanding issue that labels on bottles of medicine did not fit all the information that is required to be on them in a font size that was legible. Key invented a solution that involved adding a second outer label that had a clear window. The outer label would spin around the container, revealing whatever was printed on the inner label through the clear window. The innovative packaging solution has received 15 industry awards, including two Edisons.
Key is dedicated to empowering the next generation of inventors through his unique process for harnessing the power of open innovation. He cofounded a coaching program for inventors in 1999. inventRight has since helped people from more than 60 countries license their ideas for new products. His bestselling book about licensing inventions, One Simple Idea, has been translated into six languages. Key explains how to commercialize intellectual property weekly on his popular YouTube channel and in Forbes, Inc., and Entrepreneur.
In 2017, he cofounded Inventors Groups of America, a not-for-profit, with the goal of educating and empowering inventors and inventing group leaders. He is also the cofounder of inventYES, a free program for high school students worldwide who want to learn about how to turn their ideas into reality.
Stephen currently holds 21 patents.