Bellwork 1.List 3 famous inventors and what they invented. 2.List 3 inventions you could not live without. 3.List 3 inventions that are smaller than your hand. FYI: Grades are in & If you didn’t complete the profit review 10 points was deducted from the 50 point packet. Did you know? Istanbul is planning on introducing “floating car parks” to try to resolve the chronic traffic problems there.

Inventions Chapter 7

Entrepreneurs are sometimes inventors They use their creativity, and are open- minded What does it mean to be open-minded? Do you consider yourself to be open- minded? Entrepreneurs use “lateral thinking”, in which you look for indirect ways to solve a problem. They do not use “vertical thinking” which stacks ideas and does not give you room to explore new ideas.

What is an invention? Invention- the creation of a new product, device, or process. It is making something that did NOT exist before. An invention is different than a DISCOVERY. A discovery occurs when something that exists in nature is recognized or observed for the first time (oil, gold, planets, the sun) Innovation- Changing the established way of doing something. (Henry Ford) Can you think of some innovations?

Patent When you invent something you must apply for a patent so no one can copy and/or steal your idea! Patent- a document that grants an inventors exclusive rights to his/her invention for a limited time (in the U.S. this is 20 years). It generally takes more than a year to get a patent approved. While you are waiting for your patent to be processed and approved you will have a “patent pending”. That is why you see that phrase on items you buy.

Requirements To be patented your invention must fulfill 3 requirements.  Novelty (new)  Utility (useful)  Nonobvious (give new and obvious results)

To patent you must have: 1.An in-depth description of the inven. 2.A drawing of the inven. 3.A completed patent application. 4.A statement saying you are the original inventor. 5.The filing fee ($345-$690)

Models and Prototypes Make a model of your invention. Use cheap materials, because you may make many models. Show the model to friends, acquaintances, storekeepers — collect suggestions. Does it work? How could it work better? Revise your design. Don’t be afraid to experiment.

Models and Prototypes After you’re satisfied with the model, have a prototype made. A prototype is an exact working model of the product made with the same process that would be used in production. Prototypes cost many times more than the final production cost because you’re only making one. Check the Thomas Register to find a manufacturer for your prototype.