System and Method for Generating and Evaluating an Innovation
AssigneeMillennium Ventures Group
InventorAlok Kapoor
Life of this patent
Estimating the term…
Abstract
A method for systematically generating and evaluating an innovation. The method includes identifying and selecting a new opportunity. The method also includes conceptualizing the new opportunity into a plurality of potential products and distributing an economic risk associated with the opportunity. The method can also include envisioning an organization for introducing products and pursing the opportunity.
Claims24
A method for systematically generating and evaluating an innovation comprising:
- (a) identifying and selecting an opportunity;
- (b) conceptualizing the opportunity into a plurality of potential products;
- (c) distributing an economic risk, the economic risk being associated with the opportunity;
- and
- (d) envisioning an organization for introducing the potential products and pursuing the opportunity.
A method for identifying and selecting an opportunity, comprising:
- (a) identifying a plurality of innovative dispositions of a client thereby generating a client profile, the innovative dispositions comprising a plurality of innovative strengths and a plurality of innovative weaknesses;
- (b) identifying a plurality of institutional influences;
- (c) identifying a plurality of societal needs;
- and
- (d) comparing the identified societal needs with the client profile,
- wherein the specific societal need that matches the greatest number of innovative strengths and least number of negative institutional influences is indicative of an new opportunity.
A method for conceptualizing an identified opportunity into a plurality of potential products, the method comprising:
- (a) generating the potential product and a corresponding competitive comparison;
- (b) prioritizing the potential products in a production order, the production order being a sequential ranking of when the potential product is introduced;
- and
- (c) protecting an intellectual property right of the potential product.
A method for distributing an economic risk, the method comprising:
- (a) identifying the economic risk for a selected country, the identifying comprising:
- (i) selecting a country for marketing a plurality of potential products, the potential products being associated with the opportunity;
- (ii) retrieving an economic profile for the selected country from an external database;
- (iii) comparing the potential products with the economic profile for the selected country;
- (iv) identifying the economic risk for the selected country;
- (b) diversifying a plurality of economic components;
- (c) exploring a plurality of financial funding;
- and
- (d) distributing a plurality of responsibilities.
A method for envisioning the organization that would execute the opportunity, the method comprising:
- (a) identifying a business process for generating a revenue and managing a cost;
- (b) generating the organizational procedures that corresponds to the business process;
- and
- (c) assigning a qualified worker to implement the organizational procedures.
A computer program product, tangibly embodied in an information carrier, the computer program product being operable to cause a data processing apparatus, in a network of interconnected computers to:
- (a) identify and select an opportunity;
- (b) conceptualize the opportunity into a plurality of potential products;
- (c) distribute an economic risk, the economic risk being associated with the opportunity;
- and
- (d) envision an organization for introducing the potential products and pursuing the opportunity.
An apparatus for systematically generating and evaluating an innovation, the apparatus comprising a system providing:
- (a) means for identifying and means for selecting an opportunity;
- (b) means for conceptualizing the opportunity into a plurality of potential products;
- (c) means for distributing an economic risk, the economic risk being associated with the opportunity;
- and
- (d) means for envisioning an organization for introducing the potential products and pursuing the opportunity.
A system, comprising:
- a) a web interface or browser that is capable of accessing internet content,
- b) at least one societal need tag to identify appropriate internet content, and
- c) a means for aggregating, configuring, and presenting the tagged internet content as an societal need.
Dependencies are inferred from the claim text.