Posts Tagged: "Famous Inventors"

Before selling your product outside the United States, you need to take into account the vastly different cultural and market preferences outside the country. As anyone who has ever gone into an international supermarket knows, packaging, taste and product selection can differ greatly from what is available on shelves in the U.S. You need to conduct some market research to ascertain the depth of product demand before making the leap. Some countries may be culturally similar to the United States, and your product would only require minor modifications. Additionally you will need to develop relationships with local distributors, which can be another substantial hurdle to overcome. Before investing millions in manufacturing your product for an international market, you will want to conduct this extensive research.

Starting January 15, 2014, some EFS-Web and Private PAIR users experienced issues when authenticating to the system… The Supreme Court will hear oral arguments in Alice Corp. v. CLS Bank on March 31, 2014.  This case is being briefed on the merits right now, and Trading Technologies is looking for parties interested in sighing onto their brief in support of software patents… South Florida Inventor Expo – This annual event will include programming that will help inventors learn how others promote their products… Ray Millien joins GE Healthcare as Senior IP Counsel.

InventionHome will be hosting the DRTV Product Summit, a one-day event on October 24, 2013, at Robert Morris University that will give everyday inventors the opportunity to pitch their products to six (6) leading “As Seen On TV” companies in one location. Twenty-four (24) inventors will be selected from all of the submissions received and invited to attend the event. Submissions are due by September 30, 2013. The selected inventors will receive 10-minute private pitch sessions with each of the six companies in attendance (60 total minutes). Essentially, this is the inventor/licensee equivalent of speed-dating.

Two American scientists have been nominated for the European Inventor Award (EIA), which is presented annually by the European Patent Office (EPO) to outstanding inventors for their contribution to technological, social and economic progress. The winners of the 2012 EIA will be announced during an award ceremony in Copenhagen on June 14th. Prof. Federico Capasso created an entirely new class of semiconductor lasers, called Quantum Cascade Lasers (QCLs). Dr. Stanford Ovshinsky, a leading American scientist in the fields of energy and information, developed clean-energy NiMH batteries.

In celebration of its mission to recognize and foster invention, the National Inventors Hall of Fame has announced its 2012 Inductees. The inventors to be honored this year created remarkable innovations that include the now ubiquitous laser printer commonly found in the workplace, the thin-film head technology that has contributed to the success of the disk drive industry, and the first statin which pioneered the class of drugs targeted at lowering cholesterol.

In my experience, the passion to invent is stirred by two things: dissatisfaction with an existing product or service (i.e., too large, too slow, too expensive, too difficult to use), or a dream and desire to create something entirely new, a product or service that will augment humanity’s capability to reach farther, move faster, aggregate and analyze all sorts of data, or bring together pieces and form a whole that is greater than the sum of its parts. Over my career I have been a named inventor on 147 U.S. patents. Over my career I have developed a process for identifying consumer needs and creating unique, patentable solutions that are relevant in the marketplace. I call this the Eureka Method. The Eureka Method is a mental discipline that can be learned and practiced to help you produce a Eureka! moment.

The United States Patent and Trademark Office (USPTO) today announced the designation of Iowa’s Davenport Public Library as a Patent and Trademark Resource Center (PTRC). As the 81st library in the nationwide network, Davenport marks Iowa’s return to the PTRC program and serves as the first center geared away from the “paper depository” concept towards electronic access and training for patent and trademark information.

It generally takes a lot longer and costs a lot more to get an idea licensed. New ideas are hard to sell. The capable companies are not interested because they are generating their own ideas. The not-so-capable companies might be interested but would probably drop the ball. Most workers at these companies just want to make it through the day. An unfinished product looks more like work than an opportunity. It is also risky. Employees are not compensated for risks but are punished for failure.