.
Prepared By: The Innovation Institute
Rt.2 Box 184
Everton, MO 65646
Date: June 1999
Invention: Viewing
Screen Protective Shield
.
Prepared By: The Innovation
Institute
Rt.2 Box 184
Everton, MO 65646
1. Legality: In terms
of applicable laws, regulations, product standards, this
idea/invention/new
product
might require modest revision.
2. Safety: Considering
potential hazards and side effects, the use might be
safe when used as intended, with no foreseeable hazards.
3. Environmental Impact: In
terms of pollution. litter, misuse, of natural resources, etc., use of
this product
might
have no effect on the environment.
4. Societal Impact:
In
terms of the impact upon the general welfare of society, use might
have no effect on society.
Business Risk Criteria
5. Functional Feasibility: In
terms of intended functions, will it actually do what it is intended to
do? In this
case the concept/device:
it will work, no changes necessary.
6. Production Feasibility: With regard to technical process or equipment required for production, this invention might have no problems.
7. Stage of
Development: Based
on available information, there is
a market-ready prototype.
8. Investment Costs: The
amount of capital needed for commercialization is likely to be
low - informal investors may be sufficient.
9. Pay back Period: Given
adequate financing, the expected payback period is likely to be
1 to 3 years.
15. Trend of Demand: The
market demand for products of this type appears to be
steady - demand expected to remain constant.
28. Function: Relative to
prior art, competing and/or substitute products, services or processes
the function
performed might be perceived by potential buyers as
superior - some competitive advantages.
31.
Existing Competition: Existing
competition, including both direct and indirect competition, and prior art for this innovation appears
to be
Low - a significant market share might be possible.
33. Protection: Considering
patents, other prior art, copyrights, technical difficulty, secrecy, or
other
bars to
competitive
reaction, the prospect for protection appears to be
patent, copyright, and/or trade secrecy in place.
EVALUATOR'S RECOMMENDATION
Of over 400 recent inventions received by WIN our products ranking was within the top 95%.
TO BE RECOMMENDED TO WALMART YOUR PRODUCT MUST SCORE (OVER 42 SLR)
Evaluator Gerald G. Udell, PhD
