Who is the only person with a Car driver's license in this room?
Christoph
What does being first to market mean?
The first product of its type to be on the market
What is an IP dispute?
It is the legal dispute over legal property of an idea or invention
Social
Market isn’t ready for change
Technology
Technology isn’t good enough to do the idea well
Science is there, but not ready to make a good product
Timing
Cost/Price
What is an invention?
Process of discovering a new principle which allows a technical advance in a particular field that results in a novel or new product
What is constructive discontent?
Dissatisfaction that leads to motivation to invent a better way.
What to look out for so you innovation doesn't get stolen?
Intellectual property
trademarks, patents, copyright, design protection, service mark, pending patent
Who farted last lesson?
Moritz Johannes Gingerbeck, Christopher
What is considered the most significant invention of history?
True or False: Inquisitive thinking is the thinking what is happening in solving and learning technical problems and tasks
False, its the desire to learn and explore new information, ideas, and experiences
Who was the first to market the car?
Carl Benz
What was decided by historians about the calculus dispute?
Isaac Newton and Gottfried Leibniz share the discovery
What is simons middle name?
Alexander
What is a lone inventor?
A person who works outside or inside an organization. They are committed to making a new product. They become isolated because their ideas are new, cause great change and scare off other people. Their ideas are often resisted by other people.
What might be the driver for a tinkerer to invent?
Personal Innovation
Motorola, Martin Cooper
What are benefits of having intellectual property on a product?
differentiating a business from competitors
allowing sale or licensing of an idea (more money)
offering customers something new and different
marketing/branding
establishing a valuable asset that can be used as security for loans
True or False: Nikola Tesla was a lone inventor
What are 3 of the most influencal innovations in recent history?
Name 4 drivers of invention
Personal motivation to invent.
To assist people and make life better.
Constructive discontent.
To make money.
Inquisitive scientific or technical thinking.
Necessity.
What are 4 advantages of being the first to market?
Ahead of competition
Increased profit
Secure brand loyalty
Secure IP
Create a new product category
What is legal protection?
The protection of the state that nobody else can claim and sell your intellectual property
What does Luis eat for breakfast on tuesdays?
6 eggs, 2 toast, four glasses water
What is a disadvantage of being a lone inventor?
Lacks business acumen.
Emotional relationship with their invention
not able to market it