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Tag Archives: Innovation

Innovation Contests

Today, we are going to take a look at three multi-million dollar Innovation Contests sponsored by the X PRIZE foundation.  All conceived to bring about radical breakthroughs for the benefit of humanity.  All participants must be primarily privately funded, a model intended to leverage the elements of public interest, entrepreneurial spirit and cross-disciplinary development to [...]
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Fail Often to Succeed Sooner!

I never failed once. It just happened to be a 2000-step process. –  Thomas Alva Edison Canadian inventors Chris Haney, Scott Abbott and John Haney struggled with the board game Trivial Pursuit. While it only took them 45 minutes to create the conceive, they lost $45,000 trying to market it in over four years before [...]
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What makes an Invention Patentable?

There are three major requirements for patentability: The invention must be Novel, Useful and Not Obvious.  Lets take a closer look at each of these criteria: Novelty To start with; in order to be considered patentable, an invention must be “Novel”.  This means that the invention was never described in a publication, used  or for sale in [...]
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The Magic of Innovation

In the words of Albert Einstein:  “For an idea that does not at first seem insane, there is no hope.”  In this two part series, we are going to take a look at the Process of Inventing, including; what exactly is an “Invention”, where do the ideas come from, and some ways to grow [...]
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Are you an inventor?

Do you have a great idea that you’ve been wanting to market? Do you observe new inventions in stores or on television and wonder ‘why didn’t I think of that?’ If this sounds like you, you’ll definitely want to learn more about what it takes for inventors to get their products on the market. Here [...]
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