Evaluate your invention

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Your invention is good or bad (?) The important thing is to evaluate it... This slide introduce how to practice invention & procedure of evaluation

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<ul><li> 1. Evaluate your invention industrial applicabilityor industrial applicationis a patentability requirement IndustrialApplicabilityChen JingFung (Grace) @csie.ntut.edu.tw2012/03/08Chapter 2 &amp;4, Patent It Yourself: Your Step-by-Step Guide 15th, 2011, ISBN: 1413313825</li></ul> <p> 2. Outline Invention practice Evaluate your invention Building a prototype Commercial concept Examine it Secret vs. ask for advice (?)grace@csie.ntut 2 3. Invention practice (1-1) Problem: Excavators damage buried cable (or pipes)grace@csie.ntut 3 4. Invention practice (1-2) Problem: Excavators damage buried cable (or pipes) SolutionNew-use:inventionpoint:colorfulgrace@csie.ntut4 5. Invention practice (1-3) Problem: Police pistols are fired by unauthorized persons Right gay? grace@csie.ntut 5 6. Invention practice (1-4) Problem: Police pistols are fired by unauthorized persons Solution Samarium Cobalt Magnets (SmCo) grace@csie.ntut 6 7. Gyroscopic Top (2-1)Axis-cycle Problem:is stably ? Fig ref: boomerangs.com Mr. Brown found hardly set a gyroscopes rotor in motion Principle a spinning wheel set in a movable frame. When the wheel spins, itretains its spatial orientation, and it resists external forces applied toit. Application used in navigation instruments (for ships, planes, and rockets) Foucault, FR physicist, 1st person demo it likes earth rotates 1851)Fig ref: scienceblogs.com7grace@csie.ntut 8. Gyroscopic Top (2-2) US3945146 (1976) Problem: Mr. Brown found hardly set a gyroscopes rotor in motion Foucault, FR physicist, 1851) Solution: Inventor: Paul L. Browns (Wiz-z-erTM) 1st royalty = 5 x his annual salaryUSD322100(1991)Photo ref: ta0.com8grace@csie.ntut 9. Xerography (3-1) Problem: Daily job need to review many patents Copying documents cost much time &amp; operatingcomplicatedly carbon paper be patented in 1806 grace@csie.ntut9 10. Xerography (3-2) Problem: carbon paper bepatented in 1806 CopyingUS2297691 documents cost time &amp; operating complicatedly Solution Mr. Carlson, a patentattorney, invented a light-reflection copier at hisspare timeKodak rejected his proposeHaloid Co. accepted it &amp; changed its name to Xerox Co.grace@csie.ntut 10http://www.xerox.com/innovation/chester-carlson-xerography/enus.html 11. Summary invention skills (4-1) Most inventions creation by Ivory Ad: It Floats!recognizing a problem &amp; finding asolution KISS (Keep It Simple, Stupid!) One important principle to successful inventing Accident -&gt; Good idea Ex. A worker left the soap-making machine on too long, causing air to be dispersed into the soap mixture as Ivory P&amp;G ordered the extended mix time as a standard setting 11 grace@csie.ntut 12. Summary invention skills (4-2) Most inventions creation by recognizing aproblem &amp; finding a solution Try to conceive of ramifications to enhance itsvalue If you have trouble =&gt; use nonlinear tech. let go of assumptions Beware of the novice inventors PGL Paranoia, Greed, Laziness Paranoia LazinessGreedgrace@csie.ntut12 13. Why evaluate your invention (1-1) Reason Avoid needless expense &amp; effort, dont spend significant time or money on your creation Should proceed: Put your creation to be sold profitably for a significant period of timeOver x 20 Cost1 To spend for Cost1:searching,$100,000 inbuilding a model profits or&amp; patenting royaltiesgrace@csie.ntut 13 14. Why evaluate your invention (1-2) Misconception: patented failure Get a patent will be assured of fame &amp; fortune It is to be remembered, that the pursuit of wealth bymeans of new inventions is a very precarious anduncertain one; a lottery where there are many thousand tickets for each prize. Eli Whitney grace@csie.ntut14 15. Patent Application: PPA vs. RPAUtility patent (RPA) RPA: Regular Patent Applicationhas 1 yr secret!!1 yr rule: 35USC 102The invention is 1st1 yr to start sold for sale test marketing File a valid patent application PPA: Provisional Patent Application Almost a yr Apply PPA to testFile a RPA marketExamining it is feasible (?) grace@csie.ntut 15 16. Building a prototype How to evaluate your invention? Task board Building a prototype to testoperability Try to have them made of cardboard by an economical prototyping techniqueFig ref: xqa.com.ar Simulation by computer-world simulation Ensure a field trial successreduces GaNHEMT (transistors) Consult with a single expert production costs(&lt; 1/3) in mobilebase stationamplifiers for 3Gand beyond ref: fujitsu.com (IEDM 2004) grace@csie.ntut 16 17. Commercial concept How to make your invention to generate asignificant profit? Problem: How to promote, how well its designed, how well its packaged, the mood of the market, what time it 1st show (debut) Most marketing experts say: five P factors Production Price Position (its place in the market) Promotion Perseverancegrace@csie.ntut17 18. Intangible factors for market Talented design$60,000 USD Swiss 18K gold WestminsterChime carillon minute $15 RMBrepeater by Constant Piguetcirca 1900. vs.Fine 34 jewel frosted giltmovement with fourhammers striking on four Fig ref: china.alibaba.com gongs and silent centrifugalFig ref: bogoff.com governor. Trademark (good slogan)Slogan:Slogan: The daily diary ofRoaches check American Dreamin, but theydont check outFig ref: sillyslogan.comFig ref: eamonn.comgrace@csie.ntut18 19. Commercial feasibility evaluation Despite the marketing uncertainties to takeyour time run some scientific &amp; objective workin 4 areas Positive (+) &amp; negative (-) marketing factors attached to your invention + Consultation- with experts, potential users of the invention, marketingpeople, and others Research into prior developments in the same area as your invention,and The operability of an actual construction of the inventiongrace@csie.ntut 19 20. + &amp; - factors evaluation20 grace@csie.ntut Ref: Patent It Yourself book P.499 21. + &amp; - factors test (1-1) Weight (-100 ~ 100) Assign advantage ordisadvantage weight oncommercial value Balance scale analogy Help you understand the + &amp;- factors Dont be used with any truequantitative accuracy Team work: discuss to a common criteria for evaluationBias Avoid bias grace@csie.ntut21 22. + &amp; - factors test (1-2) Consider each negative value carefully Even the negative value cause to change design or produce new production equipment Keep to improvement it as early as possible Didnt justify the cost of replacing existingproduction equipment, or the cost associated withmanufacturing &amp; promoting the device The positive factors Great value to you help to convince a patent examiner Proof: your inventions patentability Or when selling the invention to a potentiallicensee Potential licensee: any organization or industrywanting to commercially utilize an invention 22grace@csie.ntut 23. + &amp; - factors summary Summary those + &amp; - factor forcommercial evaluation purposes to a list Make you focus on drawbacks (1 ~ more) Provide a way of comparing 2 different inventionsfor relative value Let you concentrate more effort on Sell your invention to PTO, a potential licensee,or a judge (fight existing patents) Examiner -&gt; extendyour investigation by doing some consultation&amp; research Make sure the field of your invention Do your patentability search, Using backgrounds to improve your ability Prepare your application, Market your invention &amp; Protect Deal with the PTOinvention grace@csie.ntut 24 25. Call help lay friends Ask both nonprofessionals and experts in theparticular field for an opinion, and researchingthe relevant literature Tool: the positive and negative factors evaluation list Nonprofessionals They will tell you a consumer item what they like topurchase Lay friends Their opinion you trust and feel will be objective Build a Working Model (WM) Inquire as to what price theyd be willing to pay Show WM to them and ask if theyd buy it and for what price grace@csie.ntut 25 26. Call help Experts Experts to be consulted in the particularfield, they can supply you with relevantfeedback Salespeople and buyers in stores that sell devices similar to yours Friends who are in the business. Engineers, managers, or technicians in companies in the field of your invention Scholars, educators, or professors who do research in the area of your invention Pay $$ to use the independent invention evaluation Ex. WISC (about USD $500), I2 InnovationInstitute (about USD $200), MIC (about USD$160~ USD$5,000) grace@csie.ntut 26 27. Nondisclosure vs. Disclosure Keep secret Ask for advice grace@csie.ntut27 28. The part of Non-disclosureAgreement KeepingTrade SecretsRichard Stim, Attorney,Nondisclosure Agreementfor Inventors, March 2008,6th Editiongrace@csie.ntut 28Ref: Patent It Yourself book P.489-490 29. The template for Invention Disclosure 29grace@csie.ntut Ref: Patent It Yourself book P.491 30. Summary Start to practicing invention &amp; evaluating it(invention) Review the procedure as Building a prototype, Commercial concept, check it again, and Secret vs. ask for advice grace@csie.ntut30 31. Reference David Pressman, chapter 2 &amp;4, Patent It Yourself:Your Step-by-Step Guide to Filing at the U.S. PatentOffice, 2011, 15th edition, ISBN-10: 1413313825 Foucault pendulum in action at Houston Museumof Natural Science about 180 degrees in 24 hours Blog: http://fungsiong.blogspot.com/ Introduce hybrid TV (hbbTV) including widget design,Android technology (API), system, ecosystem,framework, service, application, Agile for progressing:http://fungsiong.blogspot.com/search/label/Agile About how to teamwork Some programming info. as Apache wookie,refactoring tech, CE-HTML, a solution aboutremoving a backdoor Trojan &amp; surveillance papergrace@csie.ntut31 </p>