The Absent Minded Professor (1961)

A university professor invented an antigravity substance that a corrupt businessman wanted. A clumsy professor inadvertently invented flying rubber, or "flying magic weapon", an incredible material that gained energy every time it hit a hard surface. The shoes made with it can jump to amazing heights and make an improved T model fly. Unfortunately, no one is interested in material, except for Alonzo Hawk, a corrupt businessman who wants to steal material for himself.