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2014.05.21.I author: European Association of Development Agencies -

Entrepreurial discovery process:The Three Pillars of Invention Analysis by Michael Manion

There are three main elements to making an invention a commercially viable project, and that invention needs to be strong in all three of these in order to succeed.

First, the technology has to be developable and have limited hurdles to development in terms of time, money, and regulation. Second, the patent needs to be strong, defensible, and enforceable. And third, the invention must be targeting a compelling market that can be accessed. A hurdle in any one of these domains can act as a significant barrier and even prevent commercialization.

 

For more info: http://techtransfercentral.com/2014/05/20/the-three-pillars-of-invention-analysis/


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