Invention, Intellectual Property, and Income


This week we should develop a plan for dissemination of your final project prepare drafts of your summary slide (presentation.png, 1920x1080) and video clip (presentation.mp4, 1080p HTML5, < ~minute, < ~10 MB) and put them in your root directory

This week I am going to write about intelectual property, innovation, invention, outcomes, prepare my final project presentation and video etc..
An invention is a unique or novel device, method, composition or process. The invention process is a process within an overall engineering and product development process. It may be an improvement upon a machine or product or a new process for creating an object or a result. An invention that achieves a completely unique function or result may be a radical breakthrough. Such works are novel and not obvious to others skilled in the same field. An inventor may be taking a big step in success or failure. Some inventions can be patented. A patent legally protects the intellectual property rights of the inventor and legally recognizes that a claimed invention is actually an invention. The rules and requirements for patenting an invention vary from country to country and the process of obtaining a patent is often expensive.
Innovation is not invention
•Invention is coming from “invenire” that means “find” or “discover”.
•Innovation is coming form “novus” that means “new” Innovation may require several inventions.

Intelectual property is a category of property that includes intangible creations of the human intellect. Intellectual property encompasses two types of rights: industrial property rights (trademarks, patents, designations of origin, industrial designs and models) and copyright The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goods. To achieve this, the law gives people and businesses property rights to the information and intellectual goods they create, usually for a limited period of time. This gives economic incentive for their creation, because it allows people to profit from the information and intellectual goods they create

Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. For households and individuals, "income is the sum of all the wages, salaries, profits, interest payments, rents, and other forms of earnings received in a given period of time.

Accelerators and incubators both offer entrepreneurs good opportunities early on. Founders get help to ckly grow their business and they often better their chances of attracting a top venture capital (VC) firm to invest in their startup at a later point. Still, the programs are different frameworks for startup success. One of the big differences between accelerators and incubators is in how the individual programs are structured. Accelerator programs usually have a set timeframe in which individual companies spend anywhere from a few weeks to a few months working with a group of mentors to build out their business and avoid problems along the way. Y Combinator, Techstars, and the Brandery are some of the most well-known accelerators. Startup incubators begin with companies that may be earlier in the process and they do not operate on a set schedule. If an accelerator is a greenhouse for young plants to get the optimal conditions to grow, an incubator matches quality seeds with the best soil for sprouting and growth. After learning about the innovation, invention, IP, incubation, acceleration and income I would like to describe my prject possibilities and probabilities.

About my project

My final project is about automation of shutter blinds. The shutter blinds lifts when the sunlight is weak and go down in case of sunlight. I want to use this device for protecting Dilijan fab lab equipment from unnecessary sunlight. There are different projects like this and I got a lot of information about them. They have different control types wi-fi, RF, Bluetooth etc.
The project has 2 steps
• Make the first prototype
• Develop it and add new functions.
Now I am going to talk about the second stage. After finishing the first, I am going to develop it make it smarter, add solar panels and get energy for it from sun, control it by wi-fi/bluetooth too. I am going to automate all shutters of our lab, after suggest the solution to our school, etc. Finishing some researches about the motors, energy solutions etc, I am planing to protect my IP, because the future project will be different. For the commercialization of the project I need to develop business plan. Of course I can turn it into business and my business model could be the following:
• Sell full device and provide maintanace with all above mentioned functions.
• To have cheapper and open source solution (desciminate among other labs), anyone will be able to download all files and make it at any fab lab. But Programming and electronics part of the project could be difficult for someones, and these peoplle will be able to order that part thay can't do.
I also thinking to make an educational kit for teens. Each teen will get a kit and assemble all parts, print the gear, program te board. The kit would also have another box box with all component and bread bord. Students will assemble and design everything by themselves it would help them to understand how all blocks working.


Open source
I am planing to develop the product fix all possible bugs and pot all documents on the website. Everyone could download and make his/her one device.


I will use online stores like Robotshop, Sparkfun Electronics

Main actions

• Reister IP
• Develop 3 types of products
• Develop business plan
• Participate in incubation after acceleration programs
• Release the devices


My start up would release 3 type of products with different type of licenses
Presentation about the final project
Video clip