Steve Gass has a brilliant patent on the table saw which contains two parts: a detect flesh sensor and braking mechanism. His invention is proved to be able to protect thousands of worker form potential injury during work with power saws, as well as save $10,000~ $25,000 from one single accident. He knew he can prevent these injuries by his invention but he has no desire to start new company at first. He wants to license the invention and get licensing fees from large saws manufacturing companies but thing goes not smoothly as he wished.
By using Porter’s Five Forces I believe I can find a better decision for Steve at the current circumstances. If Steve still consists on searching licensees, there will be no supplier power exist because