Date: June 1999
Viewing Screen Protective
Prepared By: The Innovation Institute
Rt.2 Box 184
Everton, MO 65646
1. Legality: In terms of
applicable laws, regulations, product standards, this
might require modest revision.
2. Safety: Considering
potential hazards and side effects, the use might be
safe when used as intended, with no foreseeable hazards.
3. Environmental Impact: In terms of
pollution. litter, misuse, of natural resources, etc., use
of this product might
have no effect on the environment.
4. Societal Impact:
In terms of
the impact upon the general welfare of society, use might
have no effect on society.
Business Risk Criteria
5. Functional Feasibility: In terms of intended functions, will it actually do what it is intended to do? In this case the concept/device: it will work, no changes necessary.
6. Production Feasibility: With regard to technical process or equipment required for production, this invention might have no problems.
7. Stage of
Development: Based on available information, there is
a market-ready prototype.
8. Investment Costs:
amount of capital needed for commercialization is likely
low - informal investors may be sufficient.
9. Pay back Period:
adequate financing, the expected payback period is likely
1 to 3 years.
15. Trend of Demand: The
market demand for products of this type appears to be
steady - demand expected to remain constant.
28. Function: Relative to
prior art, competing and/or substitute products, services
or processes the function
performed might be perceived by potential buyers as
superior - some competitive advantages.
Existing Competition: Existing competition, including
both direct and indirect competition, and prior art for this
innovation appears to be
Low - a significant market share might be possible.
33. Protection: Considering
patents, other prior art, copyrights, technical
difficulty, secrecy, or other bars to
the prospect for protection appears to be
patent, copyright, and/or trade secrecy in place.
Walmart Innovation EVALUATORS RECOMMENDATION
Of over 400 recent inventions received by WIN our products ranking was within the top 95%.
TO BE RECOMMENDED TO WALMART YOUR PRODUCT MUST SCORE (OVER 42 SLR)
Evaluator Gerald G. Udell, PhD