The Idea to Invention Systems
What Every inventor Needs To Know About Idea to Invention to Product Commercialisation
Developing Ideas: Things Every Idea Creator Must Know
Things Every Inventor Should Know
3 Commercialisation of Invention Options
Unsure of your next step? Call us to discuss your personalised invention pathway.
8 Product Development Milestones Every Inventor Needs To Know
If you’re an inventor who wants to know how to gain commercial product success, then here is a list of milestones you need to know.
The big takeaway of these Milestones is: develop your invention without the pitfalls and Go from idea to commercial invention safely.
The most important thing to get with this is knowing the framework for product invention, however, inventions done correctly can have 20 years of protection for scale up success.
Milestone # 1 – Is Your Idea Unique?
Perform Internet searches for your idea solution
Try Google Patent Search https://patents.google.com/
How is the problem taken care of now?
Search Amazon, eBay, AliExpress, Alibaba, Etsy for similar products.
Do you have a unique novel and useful product for a patent?
Milestone # 2 – Turn Your Idea Into A Product
Draw out your idea first
Create a physical or digital prototype
Does the product produce the predicted benefits?
Milestone # 3 – Provisional Patent
Time to engage with us and seek a provisional patent
Patent searches will be performed to look for similar ideas
If your idea is unique then a provisional patent can be sought
Once accepted a provisional patent is protected for 12 months
Time to test product market fit and enhance your product
Milestone # 4 – Full Patent
Create the graphics and plans for the final design. E.g. cad software, 3d mechanical design
Document the final design including product process and benefit
Prepare the formal patent application and submit it with us
A patent can protect your idea for 20 years in one country
Consider registered trademarks for the company name, product name and logo.
Scale up in the country with the patent
Milestone # 5 – International Patent
Research the product need by country
Use a Patent Cooperation Treaty PCT to apply for patents in other countries
International patent law allows saving some paperwork between country patents
Scale up in the countries with your patent
Milestone # 6 – Do It Yourself Commercialisation
You earn 100% of the outcome from business development
You need to provide the skills for commercialisation. e.g. engineers, IT, marketing…
You need to source the capital for commercialisation scale up. e.g. manufacturing, stock…
Milestone # 7 – Collaboration Commercialisation
Your earnings is based on your % effort
Some commercialisation is done for you. e.g. Partnerships, Joint Ventures.
Capital and equity split will be negotiated. e.g. Equity crowdfunding.
Milestone # 8 – Fully Managed Commercialisation
You earn a % in royalties
All the inventor products commercialisation is done for you. e.g. Manufacturing, supply chain, online store…
All the activities are done for you. A team performs all the roles.
Now the thing for you to do is Go contact us for a first meeting appraisal of your idea .
Oh, one more thing, if you really want to gain commercial product success, this free report – Intellectual Property at a Glance PDF, Invention Pathways lays it all out for you! Check it out here: