Biology Reference
In-Depth Information
3. Knowledge of value of the innovation
Clearly explain why your idea is beneficial and how it varies from comparable
or competitive ideas.
4. Knowledge of the subject area
Knowing the subject area reduces your innovation process time. If we know
our subject area we can quickly assess the state of the market from that per-
spective. If you have a collaborator who is an expert in the area you are ana-
lyzing, that can help short-circuit the innovation cycle and move things along
more rapidly.
5. Acknowledgment of limitations
Nobody believes someone who comes to them with an innovation that can do
everything, including cut your grass, fix your breakfast, and scratch your back -
that's just unlikely. So understanding your limitations becomes a credibility
factor.
6. Understanding and articulation of the impact
If you fully understand the impact of your innovation and can communicate
that to potential advocates, then you will be better off than someone who
hasn't done all the research or can't fully express an understanding for the
impact their work will have on the community.
Protecting Your Innovation
While you may love and trust everybody, you still need to protect your ideas!
Write down your idea and make sure it's clear that this is your/your team's inno-
vation. Do preliminary, low-cost documentation initially, and as the idea mate-
rializes consider legal guidance in patent or trademark licensing. If you don't
have the means to get them to market there's a good chance you'll be sharing
your ideas with a larger company or individuals with resources that can afford
to help you. If your idea is so unusual that it's patentable, before you show it
off you'll want to have that company sign a nondisclosure agreement promising
it won't steal your idea. Ideally, you should have an experienced attorney draft
the nondisclosure and have it signed prior to your meeting to share your ideas.
If you don't have the means to have an attorney draft the document consider
identifying nondisclosure templates from trusted legal sources and adapt them
for your idea as this will provide documentation should you find yourself in a
legal battle over your ideas in the future.
The extension of your idea portfolio log into an “Innovation Notebook” can
also provide additional protection for your ideas. This Innovation Notebook
should provide additional details about your idea including:
Detailed description of the idea
l
How you came up with the idea
l
What does the idea look like in practice?
l
Search WWH ::




Custom Search