Posts Tagged: "new inventors"

There are always trade-offs in design work. Design features often conflict. For example, a big heavy vehicle is usually safer but the gas mileage is lower. But one of the things I have learned in my years as a product developer is that decisions have consequences. The biggest consequence of making a decision in product development is that the field of all subsequent decisions is contracted. That is, you reduce your list of options. It seems that ideas condense from a gas to a solid. They start out in a nebulous intangible form and condense into a solid physical entity. So bottom line, postpone any decisions on how to do things, initially. Brainstorming is the first order of business.

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.

As is the case with all recessions or economic downturns, more and more people are turning to inventing.  This is not at all surprising, and is in fact exactly what you would expect.  When finances are difficult people look to themselves for assistance, and to figure out how they can make a better tomorrow without relying on anyone else.  This…

    An updated version of this article is available at:   https://ipwatchdog.com/2013/08/17/patent-drafting-what-is-the-patentable-feature/id=44713/    

QUESTION: I have a few ideas that I think could really be a success. I started researching “how to patent an idea” but have been bombarded with information.  I have no clue where to start, and I have only a limited budget. What should be my first step? ANSWER: Your question is one I get a lot.  The patent process can be complex…