NEW PRODUCT IDEA


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Welcome to new product idea web site.

This small site was created to provide inventors with useful information regarding creating new products and information on how, when and why to patent those products.We believe that there is an inventor in every one of us.We strive every day to inject a little creativity into the world.We hope that inventors looking to create find this site useful for contacts to patent lawyers, links to prominent inventing websites, links to material websites and general product creation information.first step for all companies, from start-ups to multi-nationals, is to generate new business ideas that are unique. In today’s world, nearly all innovations arise from combinations of other technologies. For example, you can take a collection of known parts and rearrange them in a different manner to provide new functionalities not provided before. This can be done to come up with new products or services in the same industry.

Innovative thinking can lead to products that create a new market or niche segment: Paper disposable diapers are a good example of an entirely new-to-the-world product that, when introduced, created an entirely new and explosively large growth segment for infant care. New flavors and new sizes of existing products are examples of line extensions. For example, new styles of Coke flavors continue to proliferate, continually refreshing a brand name and product line over several decades. Incremental product improvements can be made such as PCs where continuous improvements are made each year, with increased performance, capacity, and entertainment feature improvements, etc., that competitors strive to quickly copy.

Another way to come up with “new” products is to reposition existing products: Tums (the anti-acid stomach product) has successfully repositioned its high calcium content as a benefit primarily for women's health needs, along with its original antacid claims.Are there any opportunities for your company's products to be refreshed in the marketplace by being repositioned, improved, or brought out in a new size, flavor, or package?

Additionally, you can look at other’s products and imitate/improve/build on other’s products. Although imitation has been stigmatized, when done well imitation can be financially rewarding. One way to do this is to borrow ideas from others and then apply your own creativity in combining these ideas. The ideas can come from your own industry, or can come from completely different industries. Although harder to do, significantly more spectacular results can occur when you borrow concepts and ideas from different industries and apply the concepts/ideas to your industry. If you do this, do a careful review of third party IPs to make sure you respect their intellectual property. If in doubt, check with a good IP lawyer.

There are many techniques to come up with new business ideas byimproving existing products. You can periodically screen your products and comparing them with competitors' products, with an eye toward improving attributes of products, combining the features/benefits of several separate products into a single new product.

You can examine users' needs that are not being met by current competitive productsusing idea-generating methods like brainstorming. Brainstorming techniques can be used to generate ideas. The brainstorming session can be done alone or as part of a group. Group dynamics can have positive and negative contributions to the innovation process. Group thinking, or herd thinking, can mute the effects of new ideas by constraining people to the least common denominator. On the other hand, when done correctly, group thinking can inject valuable perspectives that an individual may miss.

One way to benefit from your peers is to give people time to brainstorm on their own before discussing ideas with their team members. This practice can result in high quality ideas.

For example, a privately held, fabless semiconductor startup company called
Tier Logic has introduced new 3D-based technology for FPGAs and ASICs, known respectively as TierFPGA and TierASIC devices. The company’s technology separates user circuits and configuration circuits into three-dimensional stacked layers. By reducing the configuration overhead from the base layers of silicon, Tier Logic claims it can produce smaller, denser, faster, lower-power and more reliable FPGAs. Once the design is stable, the programmable configuration circuitry layer can be replaced by a simple metal layer and turned into an ASIC version. The timing remains identical between the FPGA and ASIC, easing the conversion process.Although Tier Logic’s 3D structure is different from other FPGAs, it leverages similar architecture and tool flow to existing FPGA providers. New or existing FPGA designs can be synthesised, packed, placed and routed into Tier Logic devices using design tools such as Precision Synthesis from Mentor Graphics, combined with Tier Logic’s Mobius design tool suite. Mobius tools also create the bitstream for TierFPGA devices and the metal-mask data for TierASIC devices.Like other mainstream FPGAs, TierFPGA devices use SRAM cells to store programming information. However, in the Tier Logic 3D-FPGA structure, these SRAM cells are implemented monolithically in an additional silicon layer built from thin-film transistors (TFTs) that sits on top of the user’s active logic. By pulling these cells out of the active logic layer, the chip area is reduced and the active logic blocks are moved closer together. This smaller, stacked FPGA structure results in lower cost, lower power and higher performance.

By contrast, the ASIC family uses a one-mask hard-wired customer bit pattern for configuration. Thus, all features and resources found in the FPGA are also identically duplicated in the equivalent ASIC. This process allows a single design, once finalized, to be fabricated either as an FPGA or as a timing-exact ASIC with no additional engineering effort, time or cost. This is now a new category in the FPGA – ASIC space.


PATENTING CONSIDERATIONS

To provide exclusivity to your new idea, you should consider using intellectual property protection, typically through patenting. However, other forms of protection such as trademark, copyright and trade secret should be considered as well.

When inventors talk about patents, they're usually referring to a utility patent. This is because utility patents cover the most common categories of innovation. As the name suggests, utility patents are awarded to inventions that produce some sort of result (as opposed to design patents, which protect purely artistic or ornamental designs).

For your invention to qualify for utility patent protection, it must fall into one of the following categories of subject matter:

* Machines, which are generally composed of moving parts (like a computer or an engine)

* Articles of Manufacture, which generally resemble objects (such as a soap bar or bolt)

* Processes, which are stepwise methods (including software, social networks and semantic networks)

* Compositions of Matter, which include compounds and mixtures (such as man-sequenced genetic products and pharmaceuticals)

Many inventors have flocked to provisional patent filing as a low cost way to get “patent pending” status on their inventions. Advantages of Provisional Patent Applications include the following:

* Protect the invention for early commercialization.

* Establish an official United States patent application filing date for the invention.

* Preserve the application in confidence without publication.

* Enable simplified filing with a lower initial investment with 12 months to assess commercial potential before committing to the higher cost of filing and prosecuting a non-provisional application for patent.

* Allow "Patent Pending" claim on products/services covered by the invention.

However, the common perception that provisional applications represent a low-risk, quick and easy way to obtaining a priority date with minimum effort is incorrect.

The provisional application will not mature into a granted patent without further submissions by the inventor: the provisional application automatically becomes abandoned when its pendency expires 12 months after the provisional application filing date by operation of law. You must file a non-provisional application (such as a utility patent application claiming benefit of the provisional application filing date before the 12 month period expires in order to preserve any benefit from the provisional-application filing.

Also, if your invention is "in use" or "on sale" (see 35 U.S.C. §102(b) ) in the United States during the 12 month provisional-application pendency period and if you miss the the 12 month deadline to file a corresponding non-provisional application, you may lose the right to ever patent the invention due to your own use or sale of the invention.

Proper provisional applications take as much efforts as utility applications. Incorrectly prepared provisional applications may provide inventors with a false sense of security and may cause problems if inventors rely on incorrectly prepared provisional applications in publicly disclosing their inventions.To ensure that your patent application is properly drafted, a patent attorney should be hired to conduct the drafting. We recommend that you talk to professionals such as the patent law firm of Tran & Associates if you have questions.

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