Professional Documents
Culture Documents
Innovation concept
Impacts to innovation
SOOOOOOOOO
MANY AVENUES!!!
Another means
of finding
business ideas
GAP ANALYSIS
WHAT IS AN IDEA THAT IS
WORTH A BUSINESS?
LaserMonks
LaserMonks.com is a for-profit
subsidiary of the Cistercian Abbey
of Our Lady of Spring Bank, an
eight-monk monastery in the hills
of Monroe County, 90 miles
northwest of Madison. Yeah, real
monks refilling your cartridges.
Hallelujah! Their 2005 sales were
$2.5 million! Praise the Lord.
Totally Stupid Online Business Ideas
That Made Someone Rich
PositivesDating.Com
How would you like to go on a
date with an HIV positive person?
Paul Graves and Brandon Koechlin
thought that someone would, so
they created a dating site for HIV
positive folks last year. Projected
2006 sales are $110,000, and the
two hope to have 50,000
members by their two-year mark.
Totally Stupid Online Business Ideas
That Made Someone Rich
SantaMail
Ok, hows that for a brilliant idea.
Get a postal address at North Pole,
Alaska, pretend you are Santa
Claus and charge parents 10 bucks
for every letter you send to their
kids? Well, Byron Reese sent over
200000 letters since the start of
the business in 2001, which makes
him a couple million dollars richer.
DEVELOPING AN IDEA
Recognizing a need
Improving an existing product
Recognizing trend
Be aware of everything
Questioning assumptions
Identifying or naming it first, then
develop it
EVALUATING
AN
IDEA
Is Your Great Idea A Real Business?
Christopher Steiner, 06.11.10, 06:30 PM
idea? Good.
COPYRIGHT LAW
FULL IMPLEMENTATION
OF IP
Other means of protecting an
idea
Record ideas, taking notes, diary
Secure notes (safety place)
Take note of phone calls, record
conversations, including date and time,
keep copy of the bill & journal
Send data thru certified couriers
CONFIDENTIALITY AGREEMENT
When is this
necessary?
While initial research and evaluation is going on
When you are manufacturing it or presenting to
companies to get it licensed
When it has reached the point of dealing with an investor
PATENTS
A patent is a right granted for any device,
substance, method, process which is new
inventive and useful. Patents are legally
enforceable and gives the owner the
exclusive right to commercially exploit
the invention for the life of the patent.
The innovation patent is a protection
option which is designed to protect
inventions that are not sufficiently
inventive.
PATENT
Example:
The specific
character,
and
material
relating to
Batman is
protected
under
copyright
ENTREPRENUERIAL CREATIVITY
technical,
COMPONENTS OF CREATIVITY
procedural & how flexibly and
intellectual more
knowledge imaginatively
people approach
Creative problems
Expertise Thinking
IT IS ABOUT
Skills
COMING UP Creativity
WITH
INNOVATIVE
IDEAS AND
CONVERTING
THEM INTO
VALUE-
CREATING Motivation
PROFITABLE
BUSINESS intrinsic is more
ACTIVITIES effective than
extrinsic
Environmental stimulants to
creativity
Freedom
Good project management
Sufficient resources
Encouragement
Various organizational characteristics
Recognition
Sufficient time
Challenge
Pressure
Outside organization
Environmental obstacles to
creativity
Various organizational characteristics
Constraint
Organizational disinterest
Poor project management
Evaluation
Insufficient resources
Time pressure
Overemphasis on status quo
Competition
The concept of
INNOVATION
Doing
something
different
Innovation is a
process of
taking new
ideas to
satisfied
Effecting a new
policy
Finding new
opportunities
Designing a new
structure
Devising a fresh
method
Lamp-Proxima-Futuristic-Car
New-Innovative-Architectural-
Balenciaga-Shoes.jpg
dutchess-county-guest-house-
wooden-matrials
Modern Loft
Notebook-Acer-Aspire-
AS8940G-6865
coffee-machine-design-
technology
Organizational
motivation to
innovate
Innovation Lessons
Innovation lessons from
Pixar: An interview with
Oscar-winning director Brad
Bird