IDC Launches New Inventors Guide
IDC has calls from inventors bristling with new ideas on a regular basis. To make the product development journey smoother, the team has put together a comprehensive guide for inventors which can be downloaded at www.idc.uk.com/process/inventors-guide
With an introduction to research and development, the patenting process, confidentiality agreements and costs, as well as advice about seeking outside investment, licensing and ownership, marketing and selecting a product development consultancy, the Inventors Guide provides all the need-to-know essentials.
For those ready to set the product development wheels in motion, take an objective standpoint and consider the following 60 Second Checklist first:
60 Second Checklist Is the product worth investing in?What is the commercial potential of the product?
What is the risk?
What is the return on investment?
Who is the target market?
Are there competitor products similar to yours already on the market?
Why is your product better and what makes yours different?
Work out how much the product would cost, is there potential for a profit margin?
For more development queries contact us at IDC, 01753 547610 or email contact@idc.uk.com.
2 September 2010
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