The PatentCafe Invention Evaluation System Professional Edition is built on our own System and Method for Adaptive Relational Testing (SMART™) technology. This product-evaluation software actually adapts to your new invention ideas, customizing questions and calculations along the way as you begin entering your answers. Every product or invention idea evaluation is totally custom-generated!
Our system guides you step by step through more than 80 finely tuned questions addressing the key success factors that can contribute to the financial success or failure of your new invention ideas, including:
Step 1
> Competition and Competitive Product Analysis
> Sales & Marketability Assessment
> Product Design & Engineering Approaches
> Production and Manufacturability Assessment
> Patent, Trademark, and Copyright Protection
> Legal, Liability, and Safety Evaluation
> Financial-Analysis and Budget Planning Report
Step 2
Industry-standard relational database incorporating our proprietary SMART system to correlate the critical relationships among all of these vital product-rating elements.
Step 3
As the name suggests, our unique SMART technology consolidates these critical, interrelated components of the line-item assessment points, then mathematically balances them to deliver a more accurate picture of the impact of individual answers on the total evaluation product rating.
If your innovation is targeted toward a market restricted by strict government regulations (such as those having to do with environmental or toxic waste), your product rating would, of course, be lowered because of the business difficulty in entering this market. However, if you have identified products or technologies that can be used to neutralize the toxic effects that your invention may inadvertently create, the affected product ratings are automatically increased. All of this is accomplished automatically as you answer all of the questions.
No other product-assessment tool is more flexible or more adaptive in generating such real world results. In a word, it's SMART™.
This SMART market-evaluation service is available with PatentSearchExpress. If your new invention ideas has marketing appeal and the patent search suggests patentability, from there we can help you locate prototype builders to help you take your idea to industry. For an evaluation of your ideas for inventions, click below.
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