Loading...

Course Description

Once you have clearly defined the applications of your invention, the next step on the road to commercialization is evaluating the potential market for that invention. To assess market relevance, you'll need to reexamine what problems the invention solves and you'll need to compare the invention to competitors. In this lesson, you will consider what it means to have market relevance. You'll explore strategies for determining the market relevance of an application and hear from an industry expert on how to select the best application when faced with several options. In a hands-on activity, you will consider the market relevance of an invention that you are working with and that you understand well.

Benefits to the Learner

  • Examine approaches for determining the economic viability of applications
  • Explore strategies for assessing market demand
  • Identify tactics for comparing an invention to its potential competitors
Loading...
Enroll Now - Select a section to enroll in
Type
self-paced (non-instructor led)
Dates
Mar 31, 2023 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
Required fields are indicated by .