Product Development

Human beings are credited for their curious and imaginative mind. The ability to think outside the box, stretch all the boundaries and conceive something new. To construct an idea and turn that idea into reality. This is what differentiates us from other animals.

Albert Einstein once said: “Imagination is far more important than knowledge. As knowledge is limited whereas imagination encircles the world.”

From portable communication devices to new transportation mechanisms, technology has taken center stage in facilitating inventions. It has been so crucial that it has become impossible to differentiate the two, perhaps maybe because a lot of new inventions have been technological in nature.

Whichever the case, there has been a constant need for inventions. It’s through these discoveries that new products/services are designed. These products end up making a positive impact in our lives.

A good example would be the inventions in the medical field. A few decades ago, physicians and surgeons had a hard time when practicing their profession. Certain surgical procedures were deemed impossible and sensitive. With recent technological inventions, doctors have been provided with adequate tools that enable them to treat their patients with much ease.

In the last five years, there has been an estimate of a million invention ideas patented and made across all industries. The majority of these inventions have been related to technology. Only an eighth of them were related to other fields.

What does this mean for a non-techy individual? Technology might be the focus of many right now, but that doesn’t mean other areas don’t require inventions as well. Fashion and cosmetics industries are among the industries that require inventions more than ever. A good example would be the Zipper Genie by Jessica Jones is an excellent example of the inventions in the fashion industry. The product has been among the top selling products on Amazon Inc. and has been every woman’s obsession.

Inventing is coming up with a new product/service or a process of doing something. It doesn’t have to be limited to the technology industry as it can happen in any industry. Identifying a problem is the first step towards invention. Coming up with the right solution to that problem can mean new business for someone.

The best way to protect your invention idea is to patent it. Patenting prevent others from copying and producing the exact copy of your invention. This gives you an excellent opportunity to grow your invention into a business.

Patenting rules and regulations for invention ideas might be different from one country to another, but they all serve the same purpose. The best way to ensure that someone is fully covered is to seek legal counsel and be guided through the entire process by a professional.  

An invention is like a hurricane that no one sees coming amid all the signs and warnings. It changes the way people conduct business and runs their daily activities. Businesses are encouraged to engage in inventions to succeed in a highly competitive market, hence the famous phrase; “Invent or Die.”