18. Invention, Intellectual Property and Income.

Invention

An invention refers to the creation of a new device, method, composition, or process. This creation must be novel, useful, and non-obvious to someone with knowledge in the corresponding field. An invention can result from scientific research, the development of a new technology, or a significant improvement of an existing technology.

Intellectual Property

Intellectual Property (IP) is a broad term encompassing various types of legal rights granted to creators of original works. These rights allow them to control and benefit from their creative work. IP includes:

• Patents: Protect new and useful inventions, granting the holder the exclusive right to use, manufacture, and sell the invention for a limited period.
• Copyrights: Protect literary, artistic, and musical works, giving the author the exclusive right to reproduce, distribute, and display the work.
• Trademarks: Protect names, symbols, and logos used to identify products or services and distinguish them from others in the market.
• Trade Secrets: Protect confidential information that provides a competitive advantage to its owner, such as formulas, practices, processes, and designs.

Income

Generating revenue with Intellectual Property (IP) involves leveraging the exclusive rights granted by patents, copyrights, trademarks, and trade secrets. Here are some common ways to generate income through IP:

• Licensing: Grant other companies the right to use your IP in exchange for royalties or payments.
• Sale of IP: Sell your IP rights for an agreed-upon sum.
• Royalties: Receive ongoing payments based on the use of your IP.
• Franchising: Allow the use of your brand and business system in exchange for payments.
• Direct Commercialization: Manufacture and sell products based on your IP.
• Collaboration Agreements: Partner with other companies to develop and commercialize products.
• Grants and Funding: Obtain funds to develop technologies based on your IP.

my Licensing

You are free to:

• Share: Copy and redistribute the material in any medium or format for any purpose, even commercially.
• Adapt: Remix, transform, and build upon the material for any purpose, even commercially. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

• Attribution: You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
• No additional restrictions: You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation. No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.

Dissemination Plan

There is no dissemination plan, as there are currently various versions of this same project on the market. Additionally, I used some designs as a basis for my project. Moreover, the manufacturing cost for me is very high compared to some that are already on the market. The idea is to continue with this project because it was designed to recycle 3D printing material found at the university. This recycled material can be used in future projects and prototypes by university students.

Future Posibilities

For the future of this project, the plan is to complete the entire system to obtain full spools of filament. For the FAB Academy, I focused on the most challenging part, which is the extrusion system. Additional features will include:

• winding system for the filament.
• cooling system for the filament.
• filament thickness gauge.
• Larger storage for shredded material.

Additionally, there are plans to manufacture a shredder capable of crushing complete 3D prints to be used in the project. The current shredding process is very time-consuming, and not all prints can be shredded with the current method.

The final goal is to obtain a complete recycling system for 3D prints for use at the university. This will enable the production of fully usable filament spools for the university's 3D printers.