The key to identifying what information is trade secret in your company is the first step to a protection program. What gives you that edge over competitors that puts you one step ahead, this is your secret and you need to protect it. Remember Trade Secrets doesn’t have to be a highly classified document it can also be written down on paper on a computer or even in your memory. Don’t get too carried away with Trade Secrets, I wanted to highlight that if you have an idea that is going to give you that edge then its a trade […]
NDA’s won’t give you permission to protect anything that is already known publicly. A trade secret is information that has been kept secret since it was conceived and will spend the rest of its life in concealment only released to parties who are bound but a confidentiality agreements. A trade secret must have some economic value or provides a competitive advantage. Trade Secret examples Product Design Specification Product Development Agreements Patent Pending Applications Cost and Pricing Information Business Plans Financial Projection or Plans Data of Sales Customer Contacts or Lists Any unpublished material Trade Secrets that cannot be protected Failure […]
You will lose your right to a patent if you fail to pay maintenance fees to the patent office, which ultimately results in the patent expiring. For this reason is is very important to keep your patent up to date and always inform the relevant patent office of your current address to receive correspondence and fee information.
Google launched its own social media networking website that also integrates existing services offered by google. Similar to Facebook, Google + allows you to invite friends and be social in groups with similar interests.
The designer will typically use one of a selection of thousands of different types of software on the market today to create your product. Each software typically perform the same actions but in general software is chosen dependent on the industry the designer is trained in. There are 3 levels of software to choose from, the high end, the mid end and the low end and they are priced accordingly from $500 to $20,000 for each license. The reason for the different software and price levels is to do with the functions offered by each software. High end industries such […]
Pretty simple answer really, you need a design as you cannot progress any further with your idea or invention without one. Designs are created to illustrate how your product will work and also help people understand how it will eventually look. The most important part of the design is actually being able to send the final drawings to a manufacturer who can manufacture the product. You are unable to get a rapid prototype made without a professional design. Everyone getting an invention made will need a design generated professionally to ensure the product will be suitable for manufacturing. If you […]
Project management is basically the method by which you control all aspects of a project and bring them all together in a organised manner (preferably a timing plan). This helps you understand the completed and in-completed tasks, who is doing what and when they are doing it. Your project plan not only helps you but it will also helps your suppliers understand the importance of them getting their part finished on time. If they don’t complete their tasks when they agreed to it causes a knock on effect with the other suppliers and ultimately delays your project. In my experience […]
When deciding to get an invention designed and manufactured you will typically need to liaise with a number of suppliers or contractors that are going to help you with the stages of the product. To control your project effectively you need to meet with al suppliers and understand their lead-times (time to complete) and their resources (how many people are going to work on the project). You may find that most of the time you feel helpless while all your suppliers are doing their thing to bring your project to life. You need to be in constant contact with your […]
There are a number of factors to consider before we can even talk about costs of a prototype so have a look at the below list and see if you can answer the criteria that the prototype company will need to know. Quantity Colour Material Accuracy Finish (polish, smooth, textured) Prototype Process Quantity The number of prototypes you require will affect the cost per prototype in most cases. Typically when getting more than one part made is cheaper than just getting one. This is because all the hard work of programming has been done for the first one. Ordering more […]
Well you cant, you hope the chosen supplier will be good at what they say they can do but the best way is to search on the internet to start off with and look for any bad press the company may have. Check the suppliers website during the quoting stage and see how good the English is and what processes they offer and if it matches the process you are looking for. Your elimination method during the quoting phase should have answered this trust question for you so give the supplier the benefit of your doubt and see how you […]