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:
Feb. 22, 2005
Filed:
Dec. 19, 2000
Bob F. Harshaw, Ottawa, KS (US);
Bob F. Harshaw, Ottawa, KS (US);
Other;
Abstract
A method for developing new products for introduction into the marketplace comprises providing a plurality of pools with each pool serving as a repository for new product concepts, ideas, or partially developed products. A predetermined number of new product concepts are registered into each pool according to predetermined subject matter associated therewith. One concept is selected from each pool for further development. Each selected concept is engineered to optimize its intended utility function and a degree of proprietary protection is then acquired therefor. Having obtained proprietary protection for the selected concept, the concept is marketed to potential manufacturers for the purpose of obtaining a license therewith. A licensee obtains the rights to manufacture and distribute the product in exchange for royalties on sales thereof. Royalties on sales are distributed first to the submitter of the selected 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