Inventing a new product or service begins with an idea. Once the idea comes to you, the next step is to document it. It is important to note that ideas rarely come all at once. For example, the idea for the Harry Potter series was not born in a moment. It came to Rowling one by one while she was riding a train.
Prototype
Prototypes are the working version of your idea, which can be useful for marketing, pre-selling, and raising financing. They also enable you to work out any kinks before committing to full production. However, you must be mindful of your budget and the nature of the industry you are planning to target. If you are unable to fund the development of your own prototype, you can retain the services of an experienced product manufacturer.
Commercialization
Identifying the commercial potential of an idea invention is crucial for success. Unless the idea has a large, viable market, it will be difficult to market. There are many ways to commercialize an idea, including patenting, licensing, partnering with an existing company, and developing and selling the product yourself. This is a competitive process, so it is crucial that you research your options carefully before taking the next step.
Non-obviousness
Inventors often encounter objections to non-obviousness of an idea during the invention process. This article examines the non-obviousness standard and shows how courts have responded to this problem. The article also explores the historical background of this issue.
Non-disclosure agreement
If you have an idea for a new product or service, a non-disclosure agreement can protect your idea. However, the terms of the agreement should be reasonable. It should limit the exclusions to information that is confidential and be specific enough to minimize misunderstandings. For example, you may exclude information in the public domain or information that is publicly available in patent records. You can also limit the exclusion of information already known by the reviewer to written, graphic, or physical models. However, this is only feasible if the reviewer is genuinely interested in the invention and is prepared to agree to reasonable modifications.
Patent search
A patent search is crucial if you want to protect your idea invention. Not only will it inform you about your competitors' ideas, it will also help you market your product idea, discuss it with potential licensees, and write a better provisional patent application. Additionally, it will help you overcome potential office actions. This is why a professional patent search is so essential.
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You can record your depiction, write down list items on a sketch, or make bunches of doodles to show what your thought is.
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What would you be able to use from existing items to improve your thought?
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