Learning Objectives: 1. What is a patent? 2. What is a trademark? 3. What is a copyright? 4. Three types of patents 5. About patent attorneys 6. What resources are available for inventors? What is a Patent? A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. In order to be patentable, the invention must fulfill certain conditions. What does a Patent do? A patent provides protection for the invention […]
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Risk Analysis in 1-Minute
One minute decision Imagine a situation where the entrepreneur sees an emerging new technology on “networkingâ€?. This idea is just out in the market – and not many have embraced or even tried it. His inner hunch says that this technology could rule the world in a few years, and his mind formulates numerous ways of utilizing that technology. But, there is no proven record for it. In this situation, a non-risk taker, or one who follows the crowd would wait for someone to take the risk, hold off and […]
Innovation Secrets
How can you get it if you don’t have it? Harnessing the ingenuity of innovation can be a daunting task, so learning this attribute incrementally is the best course of action. The creative genius behind innovation is somewhat of an ‘acquired taste’ and can be systematically cultivated. If you are looking to ‘acquire the taste’ of true innovation then one of the first steps is to start small. One may seek to acquire this most prized attribute by constantly looking at ‘life’ through the glasses of innovation. Look for creative […]
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