The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 01, 2003
Filed:
Oct. 06, 1999
Bob F. Harshaw, Ottawa, KS (US);
Other;
Abstract
A method for developing new products for introduction into the marketplace comprises the steps of providing a plurality of pools with each pool serving as a repository for new product concepts, ideas, or partially developed products. Each pool receives a predetermined number of new product concepts for registration according to the predetermined subject matter associated with each pool. One new product concept is selected from each pool for further development. Each selected new product concept is engineered to optimize its intended utility function. A degree of proprietary protection is then acquired relative to the engineered concept. Having obtained proprietary protection for the selected new product concept, potential licensees for the new product are identified and pursued for the purpose of executing a licensing agreement whereby the licensee will be granted the right to manufacture and sell the selected new product in the marketplace in exchange for royalties on sales. Royalties on sales are distributed first to the submitter of the selected new product concept and, in smaller proportions, to the other pool submitters and pool manager.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile