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Product Development In Three Steps

by Franca Rothman

Everything in life evolves through a process. This is as true for natural things as it is for man made things. There is a process involved from the creation of atoms to the formation of galaxies.

There is also a definite process involved in product development -- from the gestation of the idea to selling the finished product. So here is an important thing to keep in mind in product development. There are three steps for the development of products.

First, you must come up with an idea for a product. Then you must think of a specific plan on how you will develop the product, envision its final state, and create a timeline and budget to convert the idea into a tangible product.

The second step in product development is documentation. You need to document your early designs and prototypes to protect your ability to patent it later. You must have blueprints so that it can be mass produced. You need to copy all documents in case someone else tries to claim the idea as their own own later on. Documentation helps in demonstrating that you invested the time and material into the design in case there are disputes about who built the first prototype.

The last thing to remember is that it is important to know about all the legal issues necessary to protect your product and idea. You will need to understand the intellectual property rights. This is when you will need to know about various patents and why it is important to have one and knowing the proper time to file one. Along with knowing about patents you will need to have knowledge about copyrights, trademarks, and trade secrets. It is also smart to understand everything you can about things such as non-compete and a non-disclosure agreements. After you have built a property protection strategy, you can then find information about raising your investment patent.



Learn more about <a href="http://inventorsnotebookjournal.com/">how to market your invention</a>.

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New Unique Article!

Title: Product Development In Three Steps
Author: Franca Rothman
Email: webwriter25@gmail.com
Keywords: product development, invention, market your product, business, marketing, manufacturing
Word Count: 319
Category: Marketing
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