So this semester I'm taking a New Product Development course, and I got curious about how the development timeline aligns with the patent timeline.
The diagram above is a very traditional product development chart, detailing each phase individuals or a company typically go through. Now I won't go into the details of each phase, but where does the 'patenting' occur? Does that occur at the start of the timeline, the end, or is it even on here?
For first, the United States patent laws do not require you to have a prototype, so this crosses out the later half of the mentioned phases. What are the risks we take by patenting an idea before we've given ourselves the chance to test it out? Are we so hasty in this day and age to jump into the riches that we rush the process? Jumping the gun on submitting your patent will open the public's eyes to a great idea you may have, but the last thing we would want is our competitor to have a clear look at our foggy vision.
So now I ask, what do you think is the best way to approach this process?
Here is a short video clip of me talking about the Product Development phase to Patenting. Enjoy!
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