I needed to churn out idea after idea. I knew licensing was a numbers game, after all. The good news is, with a little practice, you can come up with ideas whenever you want to.

If new technology is needed to manufacture your idea, potential licensees are going to be turned off by that. They want to do the least amount of work possible. So, take a look around.

Products such as gadgets, raw materials, creative services and day-to-day necessities, are the lifeblood of a business. While ideas for new products do occasionally strike people like Newton's ...

By using a systematic approach, you are more likely to generate more ideas, more effective ideas, and increase the chance for success. TYPES OF CUSTOMER NEEDS. To find new product ideas you have to ...

Traditionally, new products are closely guarded before being launched onto the market. Then, and only then, does the public get to weigh in with their feedback. The drawbacks of this approach are ...

Develop your product idea The worst mistake you could ever commit as someone who wants to start manufacturing your very own product is not planning out the entire thing before diving deep into it.

One key element of marketing a new product idea is the promotional or advertising plan. You have a variety of choices for promoting a new product to the public, such as print ads in magazines ...

There are many examples of crowdsourced ideas in business, including adverts like the Doritos Super Bowl ads; recipes, such as Lays “Do Us a Flavor competition;" art like the re-design of the ...

When firms are looking to grow their business and reduce their dependency on one type of product or service, they need to develop new products and services. Here we look at some of the ways that ...

You suddenly realize that you have an idea for a product or service that will transform the world. If you're American, you're part of an inventive society constantly looking for the next big ...