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'Eureka.' But What Do You Do Next?

Article Abstract:

Every year people get millions of brainstroms for products and ideas which they think could be profitable, but less than 20,000 of these ideas ever reach the stage where they are patented. An example of this is the now highly successful game called Trivial Pursuit; the idea occurred to two men one evening while they were playing Monopoly. These men took every available means possible to safe-guard their brainstorm - they applied for copyright which they registered, they got a trademark, and they got a patent for the game design. These steps, and sometimes more, are necessary for anyone who wishes to protect what they have invented. Even after these steps are taken, there are still the questions of how to manufacture and sell the device - here the inventor has two options, they can go to an established firm, or try to market the product on their own. Whether you market the product yourself, or sell the idea to a company, protecting what you have conceived, and seeing an idea to its logical conclusion is what it is all about.

Author: Rock, A.
Publisher: Time, Inc.
Publication Name: Money
Subject: Business
ISSN: 0149-4953
Year: 1984
Standards, Inventions, Patent law

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The next Dick Tracy wristwatch radio?

Article Abstract:

Technical experts in the post-World War II era made predictions that did not materialize. Some of these are, a helicopter in every backyard, the movement from stores to vending machines and the obsoloscence of cars by air travel. It is advisable not to give too much importance on technological predictions but it is the lot of humanity to ponder on the future. For the 1990s, a list of innovations that are expected to happen is given. Some of these are the electronic conversion of mechanical products, as in electric cars, the substitution of metals with composite materials and the 'Dick Tracy wristwatch radio' which will feature a TV, computer and a beeper.

Author: Hartman, John W.
Publisher: Crain Communications, Inc.
Publication Name: Business Marketing
Subject: Business
ISSN: 1087-948X
Year: 1992
Forecasts and trends, Technological innovations

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The next wave of operations software

Article Abstract:

Delivering better customer service, reducing operating costs and reducing asset costs are the features of the integrated warehouse system. These software package helps distributors to operate more efficiently. The warehouse location program for example, helps distributors determine the best location for a warehouse. It's complete with informations on operational cost and helps the company in their distribution system.

Author: Casper, Carol
Publisher: International Design Holdings L.P.
Publication Name: I.D.
Subject: Business
ISSN: 0894-5373
Year: 1997
Analysis, Management, Software, Warehousing

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