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Operations Management
You have been hired by an inventor of a new power cell for cars, trucks and boats, who has some inquiries from prospective investors who would like to know more about the invention before they put their money into the business.  He has not yet incorporated his business, but likes the idea.  You must advise him as to how to protect his intellectual property.  He has only applied for one patent that is not yet approved.  What else should he do?  Describe any essential steps in the patent process.

You have been hired by an inventor of a new power cell for cars, trucks and boats, who has some inquiries from prospective investors who would like to know more about the invention before they put their money into the business.  He has not yet incorporated his business, but likes the idea.  You must advise him as to how to protect his intellectual property.  He has only applied for one patent that is not yet approved.  What else should he do?  Describe any essential steps in the patent process.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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You have been hired by an inventor of a new power cell for cars, trucks and boats, who has some inquiries from prospective investors who would like to know more about the invention before they put their money into the business.  He has not yet incorporated his business, but likes the idea. 

You must advise him as to how to protect his intellectual property.  He has only applied for one patent that is not yet approved.  What else should he do?  Describe any essential steps in the patent process.

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