MANAGING INNOVATION IN THE FACTORY
This is a synopsis of an article that appeared in the May, 2000 issue of
"The Fabricator" (Croyden Group, Ltd.,
Many useful innovations come right off a factory floor. Even more come out of
an effort to solve a customer�s problem. Twenty years ago Eric von Hippel, a
professor at
Step 1: Anticipate change and innovation
Step 2: Prepare for product development -- good planning can maximize the chance of securing intellectual property right when the opportunity arises.
Step 3: Look into protecting the product -- Having a monopoly on a product may
be the ultimate in niche marketing. The value of such a monopoly is going to
depend both on how big the market turns out to be, and well that potential can
be tied up with a patent.
Successful innovation in the factory can come directly from responding
to customer requests. But success in this sort of activity usually requires
planning for the company�s acquisition of intellectual property so that
the opportunities can be capitalized on when they arise.
David
A. Kiewit
Registered Patent Agent
St. Petersburg FL 33705-5305
+1 (727) 656 0669
+1 (760) 841-0989 fax
questions to: [email protected]
Copyright 2000-2017 by David A. Kiewit
All rights reserved