• Drivers for invention
• The lone inventor
• Intellectual property (IP)
• Strategies for protecting IP: patents, trademarks, design protection, copyright.
• First to market
• Shelved technologies
• Drivers for invention include personal motivation to express creativity/for personal interest, scientific or technical curiosity, constructive discontent, desire to make money, desire to help others
• The advantages and disadvantages of being a lone inventor
• Benefits of IP include differentiating a business from competitors, selling or licensing to provide revenue streams, offering customers something new and different, marketing/branding, its value as an asset
• IP symbols and their application to products and services: patent pending, ™, ®, ©, SM
• The effectiveness of strategies for protecting IP
• Reasons why some innovators decide not to protect their IP and alternative strategies to ensure success
• Reasons why some patented inventions are shelved
Inventions are often the result of an individual or group’s curiosity about whether something can be done or a problem can be solved. On occasion, inventions are the result of an individual’s curiosity about something other than the product that they finally develop. These inventions include microwave ovens, ink-jet printers and Post-it® notes.