bugs at mpc creanova 2011
DESCRIPTION
Here are my slides for the talk I had at the MPC Entreprise Creanova 2011 at Sunway Resort on the 25th Feb 2011.TRANSCRIPT
Enriching experience on g pCreativity & Innovation
Kuala Lumpur 25th Feb 2011
Bugs TanAn Award Winning InventorAn Award Winning Inventor
Name : Bugs TanAge : 50 years oldNationality : MalaysianM status : Happily MarriedChildren : 2 Young InventorsProfession : Commercial InventorNos of Inventions : Filed 15 inventions to his nameOther talents : Author, Adjunct Lecturer, Dhamma speaker…Sports : Former National Cricket Player
a love bug..…
Family of Inventors
Bugs Tan receiving the Award from the Prime Minister
Bugs Tan Receiving the Award in Mumbai INDIABugs Tan Receiving the Award in Mumbai INDIA
.
Year Name of Award Inventions Organization Country
2000 National Inventor Award Multi‐locking Pulley Min of Science (MOSTI) Malaysia
2001 Short Listed National Inventor Award Min of Science (MOSTI) Malaysia
2001 Silver Medal Multi‐locking Pulley Geneva Invention show Switzerland
2002 Silver Medal Extruded Alum Coupling ITEX Invention show Malaysia2002 Silver Medal Extruded Alum Coupling ITEX Invention show Malaysia
2002 Bronze Medal Alum Light Weight Grating ITEX Invention Show Malaysia
2003 Bronze Medal Multi‐locking Pulley Science & Technology Show Malaysia
2004 Nominated SMI Award Innovator / Entrepreneur Small Medium Industry Malaysia
2007 National Innovator Award Litewalk Grating System Min of Science (MOSTI) Malaysia
2009 Int Excellent Innovation Bugs Tan Indira Group of Institutes India
2009 Industrial Design Award Litewalk Grating System Intellectual Property Office Malaysia
2010 APICTA Award Sure Streamer‐ Eco Dream MDeC & PIKOM Malaysia
2010 Global Innovation Game Ideas :Flexible Solar Films Global Mind Game GEW America2010 Global Innovation Game Ideas :Flexible Solar Films Global Mind Game GEW America
2010 GOLD Medal Litewalk Grating system Korea Invention News Korea
2010 Special Award Litewalk Grating system Asian Invention Association Korea
14 National Awards
Pulley Coupling Chiller Can Singing Donation Box Drugs Mixer
Out Door Air-cooler Katapila Track Machine Fan Filta Combo SpoonOut Door Air-cooler Katapila Track Machine Fan Filta Combo Spoon
Grating system Vibrating Earring Premium Books Invention Workbook Stories For Kids
A new light weight galvanized steel LIGHTERg g ggrating system used on oil platform, refinery, power plant and factories
LIGHTER
STRONGER
CHEAPER
Industrial ApplicationPrinting, Packaging, Food processing, Textiles, Garments, Plastic injection, Die-casting, Spray coating, Machining, Fabrication, Rubber processing, Greenhouse, Farming, Flower, etc.
Out Door Air-cooler
Public Area ApplicationPetrol Station, Bus Station, Community Hall, Canteen Flea Market Outdoor Function Sport
TM
Canteen, Flea-Market, Outdoor Function, Sport Complex, School Hall, Basement Car Park, Public Toilet, etc.
TM
All Copy Rights Reserved © Airbond 2009
Young InventorYoung InventorTV Cartoon Breakers
10 episodes of one minute each.
In each episode Amelia stumbled across a problem she encountered at home or in school.
She give it a thought and find ways to solve it.
Once she has conceptualized an idea she says "I' t id ""I've got an idea".
She then creates a new gadget to solve that particular problem.particular problem.
ROBOT BOLEH TV Animation Series
Amanda’s wish come true when her father created a robot for her birthday. You should call him “Robot Boleh” said her dad.
Amanda has this strong sense that the robot is extraordinary. So she decides to call her new android friend “Robot Boleh Extra”new android friend, Robot Boleh Extra –RBX.
However, Amanda prays very hard for RBX to have a mind of his own. Suddenly a fairy appears in her dream and grants her wish.
Soon RBX becomes very popular inSoon, RBX becomes very popular in Amanda's school. The story goes on and is filled with lot's of adventures
Invention Workshop Invention Workbooks ePersonalized Stories
A hydrogen generator that fits into your car. This gadget uses normal tap water
It uses the electric current in your car to break water molecule
Hydrogen is supplied into your engineThus converting water into hydrogen
Hydrogen is supplied into your engine.
Hence saving fuel consumption by approx. 15%
Boot Tray Touch Screen Vending Machine
How to be Creative ? Let’s examine….How to be Creative…?
?
secret
!
secret
Turning Ideas Into Innovations
Mind is the forerunnerMind is the forerunner of all Inventions - Bugs Tan
Due to its invisibility to our naked eyes, most people are ignorant of its presentmost people are ignorant of its present.
Turning Ideas Into Innovations
Step 1 pStart by conceptualizing an Idea
This world is not a perfect placeThis world is not a perfect place.
There is so many things you can t t k lif b ttcreate to make life better.
Being observant is the starting point
Look at things around you at home, work or play.
Look through your eyes, conceptualize with your mind
p y.
Turning Ideas Into Innovations
St 2Step 2 Check Your Idea
1. Is your idea new?2. What does your friends think abt your new idea?3. Do you think you can make a working model?y y g4. Do you have the money for this project?5. Do you have the time to work on this project?6. Are you able to get help for this project? 7. Do you know who are your customers?8. Are you sure they will buy your product?9. Do you know the cost to mfg this product?10 Are o s re o can make a good margin?10. Are you sure you can make a good margin?
Turning Ideas Into Innovations
Step 3 Raise fund for your Project
Raise fund by applying for a grant from the government, or
U f dUse your own fund
Turning Ideas Into Innovations
Step 4 Make a Prototype / Working Model
• . • Create a working model to see if itCreate a working model to see if it
works.
• You will need to do most of the• You will need to do most of the work by yourself
Turning Ideas Into Innovations
Step 5 pFiling a Patent
Filing a patent gives you the rights over your idea for 20rights over your idea for 20 years.
However it will be a waste ofHowever, it will be a waste of effort and money if your product cannot sell.
The first person to file a patent is the rightful owner to that idea.
You can file a patent by just having an idea
Turning Ideas Into Innovations
Step 6 D V l i f Y I iDo a Valuation for Your Invention
It puts a price to your newIt puts a price to your new invention
It’s a tool to bring potentialIt s a tool to bring potential investor to the discussion table
It ll t ti l i tIt allows your potential investor to understand your invention
Turning Ideas Into Innovations
1. Sell off your Invention
2. LicensingEarn Ro alt thro gh
Sell your IP out-right5. Commercialize
by yourselfSelf funding
Route toCommercialization
Earn Royalty through Licensing
Commercialization4. Seek investors
Family membersFriendsAngels / VCs
3. Seek Synergy PartnersJV with Entrepreneur
Step 7 Commercialization
Angels / VCs
Step 7 Commercialization
Turning Ideas Into Innovations