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  • Medievalchinainvention

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    Medieval china invent project: Draw your invention below. Answer the following questions regarding your invention: the problem being solved and what innovation is there? what benefit does the invention bring? what other ways are there to solving the same problem? How could the idea evolve for future products / services / markets?

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    medievalchinainvention

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    Medieval china invent project: Draw your invention below. Answer the following questions regarding your invention: the problem being solved and what innovation is there? what benefit does the invention bring? what other ways are there to solving the same problem? How could the idea evolve for future products / services / markets?

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    42 views2 pages

    Medievalchinainvention

    Uploaded by

    api-24355528
    Medieval china invent project: Draw your invention below. Answer the following questions regarding your invention: the problem being solved and what innovation is there? what benefit does the invention bring? what other ways are there to solving the same problem? How could the idea evolve for future products / services / markets?

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Medieval China Invention Project

    Please answer the following questions: Draw your invention below:

    Describe your invention:

    Answer the following questions regarding your invention: The invention What is the problem being solved and what innovation is there?

    What benefit does the invention bring? What other ways are there to solving the same problem?

    How could the idea evolve for future products/services/markets?

    Market analysis Who would buy your invention? Where would your invention be sold?

    Risk analysis What are the technical risks - unproven technology, product development, etc? How will the technical risks be managed - simulations, prototypes, back-up plans, etc? If successful, what is to stop competitors copying the concept? Legal considerations - does your invention break laws or cause people to break any laws?

    Financial analysis How will the business make money? How much should your invention be sold for? When will the product/service come to market? How much will it cost to get your invention to market?

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