Develop a Product :
The difference between successful products and bad inventions happens in product development. Lots of inventors have good ideas, but the ability to transition those ideas from flashes of brilliance to salable products? That's innovation. You can learn to design your product into something that will sell, organize testing to keep yourself in business, and develop into a successful enterprise
Identify An Opportunity And Generate A New Idea To Fill It
If nobody wants or needs your product, it is bound to fail. The starting point for all product development should be to analyze the needs of current and potential customers, their levels of satisfaction with what the competition is offering, their consumption habits and the technical possibilities for improving existing products.
Managers with ample experience and a strategic vision of the company, the competition, the clients and the suppliers are key to this process.
Measure The Opportunity
Once you've gathered information on market trends and your strategic objectives, the next step is to analyze the segment or segments that the product is geared toward and predict future buying habits as much as possible.
Product development tools (such as the Kano model) can help identify needs and group them by established criteria.
Develop The Concept
In this phase, the new product idea is refined to best serve the needs of potential clients and stand out from the competition.
How can this be achieved? Get opinions from leading users who may foresee future needs in the market. Also, rely on a team with expertise in various disciplines: design and production people for the technical requirements, marketing experts for reaching customers, and finance and management departments for determining what funds are available.
Simply having an "idea" is worthless--you need to have proof of when you came up with the invention ideas. Write down everything you can think of that relates to your invention, from what it is and how it works to how you'll make and market it. This is the first step to patenting your idea and keeping it from being stolen
Complete an initial patent search Research your market.
Make a Prototype
A prototype is a model of your invention that puts into practice all of the things you have written in your inventor's journal. This will demonstrate the design of your invention when you present it to potential lenders and licensees. Do not file a patent before you have made a prototype. You will almost always discover a flaw in your original design or think of a new feature you would like to add. If you patent your idea before you work out these kinks, it will be too late to include them in the patent and you will risk losing the patent rights of the new design to someone else.
File a Patent
Now that you have all of the kinks worked out of your design, it's finally time to file a patent. There are two main patents you will have to choose from: a utility patent (for new processes or machines) or a design patent (for manufacturing new, nonobvious ornamental designs). You can write the patent and fill out the application yourself, but do not file it yourself until you have had a skilled patent professional look it over first