Ideas are not the only things that an inventor should be concerned about. Itâs not just about what to create and how to make others know about these great inventions. Some of the important things to consider and work on include patents, licensing, marketing, and commercializing these ideas.
Turning Ideas into Inventions or Products
Everything starts with an idea. But an idea will just be another passing thought if it does not translate into reality. The idea should be as detailed as possible. It should contain vital elements such as the following:
- What is the invention all about? This includes a detailed description of what the idea and the actual invention are (i.e. Is it a new product, process, technology, concept, etc?).
- What is the purpose of the invention? This is includes a detailed explanation of what the invention is supposed to do (i.e. Is it to help others live better or to make things more convenient? Is it an innovation of an existing technology or is it a revolutionary and totally new concept, product, technology or process?).
- How will the idea be turned into something tangible? This includes a concept or plan of the various steps it takes in order to accomplish the final product. For example, what are the production process requirements to create this invention? What are the technologies, work force, space, raw materials, and other requirements?
- Who are the target beneficiaries?
The general idea for all these is to have the specifics of an idea down pat. These are very important in order to keep the ball rolling after an idea has been conceptualized. If not, then an inventor will be wasting too much time doing nothing to get the idea into reality.
Little do most inventors know that a detailed, well-constructed idea can already be used as a platform for patenting and marketing and, at times, a venue for making money.
Patents do not always need an actual product or a prototype. Some ideas can already be submitted for patenting. But for this to even be possible, an idea should already be well planned. The specific requirements, process and all other elements should already be established. The idea for the invention should already be clearly established and thoroughly explained.
A patent is basically a property right that the US Patent and Trademark Office provides an inventor. This means that the idea or invention is already recognized as owned by the inventor. This, however, does not mean that having a patent is already enough for an idea to be marketed, sold or profited from. Itâs something like a proof of ownership for a certain idea or invention.
Turning Ideas to Reality
To make something out of an invention, it has to be licensed and marketed. A licensed idea or invention is ready for some business deals. Most inventors would need a partner in order to finance some of the needs to get the invention ready for the market. This includes actually making the end product, making some focus group studies to gauge the reception of the target market, making a few adjustments if necessary, advertising, and making the final product ready for the market.
Why get help?
For all these, invention help is a great advantage. Some groups or companies can help an inventor in getting past the conceptualization stage and turning ideas into full fruition. Some can help with providing the inventor with more knowledge on how improve an idea. Some may also help inventors in finding the right tools and technology to use in developing the idea. Help may also include but not be limited to the following forms:
-· Assist in developing ideas before submitting for patent
-· Aid in patent applications
-· Help with marketing
-· Find potential business partners
-· Assist in making licensing agreements
-· Assist in marketing the invention
Getting help is also a huge advantage as it enables inventors to save time and money. Companies and groups that help inventors are already knowledgeable in everything related to inventions and patents. They can help in streamlining the process. Inventors save massive amounts of time and effort in having to go back and forth with all the requirements. Money is also saved for more important things.
Consultants are available to provide valuable advice on what works and what doesnât. Inventors also get to know about more options available for them, instead of having to go through a tedious trial-and-error process. When it comes to inventions, time is money. The sooner an idea progresses into an actual usable, functional invention, the sooner the inventor is able to cash in on it and the sooner other people get to benefit from the invention.