Nowadays, as young people create their own school invention ideas, their mentors emphasize on the need to have the spirit of entrepreneurship. One reason behind this is that competitions include the marketability or commercialization of invention ideas as a criterion for judging. This pushes students to think more critically and realistically as they conceptualize ideas for their inventions.
The following are some helpful tips on conceptualizing your own school invention ideas:
One common pitfall of students is that they make their school invention ideas too complex. This often results to the creation of a product that is difficult to operate or has underdeveloped features. Keeping your school invention ideas simple can help you focus more on developing its usability and uniqueness. One way to do this is to center on one part of an object or machine and think of ways on how to improve it dramatically.
Consider the business applications of your school invention ideas. This is where the commercialization of your product comes into the picture. Put yourself in the shoes of commercial companies and think about whether your product is worth investing on or not. Imagine it being mass-produced or creating huge demands in the market. If you realize that your product is not that marketable, then move on to other school invention ideas that you can develop.
Think about your target market. While taking into account your prospective customers, pay attention to the costs involved in making your product. It is important that you have an idea of the retail price at which you can sell your product so that you can determine if it coincides to the buying ability of your target market.
Take into consideration the uniqueness of your product. Some school invention ideas may be useful yet they are actually similar to some products in the market. Don’t fall into this trap just to make your idea marketable. Always go back to the factors that make an invention qualified for a patent and consider realistically if your own invention idea meets them.