http://blogs.harvardbusiness.org/cs/2009/06/are_you_an_inventor_or_an_entrepreneur.html This article raises some good questions. What do you think. You might be interesed in reading … Invention “Contest” Sites Several Paths to Success Thank you for reading. Comments are welcome and encouraged. Let me know what you think. Download my FREE eBook!

What’s love got to do with it? Plenty! We all like to think that when it comes to purchasing items we are all like Dr. Spock from Star Trek and there is no emotion involved. “I’m an educated and rational person” we tell ourselves. If you take a hard look at what you buy and [...]

 The goal of innovation should be to create sustainable competitive advantage—not just create inventions with little or no market value. In order to compete, the product of service being offered must provide value to the consumer, be differentiated from competitors’ offerings, and be protected from imitation. Frequently employees and managers involved with product development are [...]

Engineers often joke that if one could not make the grades majoring in engineering, they changed their major to business or marketing. Whether you are an engineer or not, the role of business is essential to innovation and creating sustainable competitive advantage. The ultimate goal of a business venture is to create a profit and [...]

A friend asked me “is now a good time to be a product developer with the economy in a recession”. I answered “Yes, now is a great time”. Here’s why. As large companies reduce spending and staffing in R&D, there are fewer people to come up with new ideas. The people working in these companies [...]

The Invention Addict 12 Step Program to Invent—Going from Inspiration to Innovation. This is a series of posts on the 12 steps how to invent a product. A DIY class for Inventors. The eighth step is CONFIRMATION– Before you get too far along, you need to get confirmation or validation that you idea has merit. [...]

The Invention Addict 12 Step Program to Invent—Going from Inspiration to Innovation. This is a series of posts on the 12 steps how to invent a product. A DIY class for Inventors. The ninth step is COMMUNICATION– I mentioned this in my last two posts. There are three elements to consider: Who are you going [...]

I’m not exactly sure how this happened but I came across TWO awesome blogs that have become my new favorites. Why my favorites? First is the content. If I find a blog that stays on my RSS list, it has to have content that is relevent, fresh and actionable. I’m not just a warm and [...]

The Invention Addict 12 Step Program to Invent—Going from Inspiration to Innovation. This is a series of posts on the 12 steps how to invent a product. A DIY class for Inventors. The tenth step is CONVERSATION– We are getting close. You did your homework and now you have the interest of a potential licensee. [...]

The Invention Addict 12 Step Program to Invent—Going from Inspiration to Innovation. This is a series of posts on the 12 steps how to invent a product. A DIY class for Inventors.  The tenth step is NEGOTIATION– We are getting close. You did your homework and now you have the interest of a potential licensee. [...]