Invention Ideas - How to Organize Your Invention Ideas

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Celebrate the Rule Breakers: Why Unsafe Thinking Leads to Innovation -  Knowledge at Wharton

Invention Ideas are not always created out of thin air. Oftentimes, these ideas are the result of research and problem-solving. Organize your invention ideas to create a list of attributes that describe your product or service. You might also consider doing some market research to determine the viability of your idea. Hopefully, this article will give you some inspiration to create a better product or service. We'll cover these topics in the next few sections.

Organizing your invention ideas

Before you begin working on an Invent Help, it is imperative to organize your thoughts. While this may be a difficult task, writing down your idea can help you focus and plan. A journal can also help you organize your thoughts, making the entire process easier. Here are some steps you should follow:

Subtraction

One of the simplest ways to think of subtraction as an invention idea is to find a product that is missing an important component. Developers often see an opportunity to provide a replacement within a product's "closed world." For example, a maker of a children's product might picture a high chair without legs, then consider a replacement made of kitchen table legs. Then, they can envision a product that satisfies a need for less calories.

Attribute dependency

The concept of attribute dependency is a systematic inventive thinking process that creates relationships between variables. Variables are anything that can create values, whether they are internal or external. Internal variables are within the manufacturer's control, and external variables are uncontrollable. A product or service is dependent upon at least one of these attributes to function properly. The inventor can design a product or service that addresses both internal and external needs.

Market research

It is vital to conduct market research before developing your invention. Doing so will help you determine whether your idea will sell and attract consumers. Market research can help you identify your target audience, how much they would pay for your invention, and whether or not it has a good chance of becoming a successful business. Depending on the nature of your invention, you can conduct your market research through questionnaires, interviews, and social media channels.

Protecting your intellectual property

You may have heard the phrase "IP" before, but what exactly does it mean? IP is anything that involves your ideas and creations. It can be anything from copyright to a patent. While intellectual property isn't a goal in and of itself, it can be important to your business and ventures. The right intellectual property can be essential in commercializing your research and running a successful science-based business.

Turning an idea into a product

There are a few steps that should be followed when turning an invention idea into a product. You should share your idea with the world so that others may use it. The best way to do this is by partnering with people who can help you promote your idea and improve its message. Once you've gotten your product idea on paper, you'll need to file a patent. A good marketing plan is also critical in generating sales and gaining a large following.

Contracting with an invention firm

Beware of fraudulent firms offering to promote your invention. Some companies will offer to pay you to advance fees of $5,000 to $10,000, or even provide full financing for the marketing of your Invent Help. However, reputable licensing agents rarely require large upfront fees. It's not uncommon for unscrupulous firms to tell you that your idea has market potential, but in reality most inventions don't make any money. When considering an invention promotion firm, ask for references of previous purchasers, and be wary of those who claim to know people in the industry who may be willing to pay a fee for the marketing of your idea.

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