Idea Development from Innovate Product Design

Idea Development

This section aims to direct you along the most cost effective route to profiting from your idea. It is assumed that you have already done an originality search so you have an indication of whether it is worth proceeding with your idea. If not then read this section first: The Importance of a Patent Search.

Once you have completed a global patent search and you think the prospects for protecting your idea are strong, what do you do next? Well you need to file a patent application as quickly as possible. It is worth bearing in mind that after 12 months, patenting can get expensive. Therefore, it is wise to do as much work as possible prior to filing that initial application. Doing more work now means that as soon as you have filed your application you can start presenting your idea to companies and/or investors.

A company will not be impressed by a back of an envelope sketch, so you need to develop a professional looking concept presentation and potentially a prototype. The second advantage of completing these things prior to filing your patent application is that you will have more detail to put into your application which may well strengthen it and improve the chances of it being granted. click here to download a confidentiality agreement and an idea submission form