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Icq meaning
Icq meaning








  1. Icq meaning how to#
  2. Icq meaning series#

Also, ideally, you will know the history of the benchmark product and can answer questions based on what the market looked like when that product was introduced. To create a meaningful benchmark you should select a product that addresses the same problems as your invention idea. This is a great way to calibrate the Inventicator™ to your own perspective. The benchmark examples are historical inventications that consider the products as they were when first introduced Google Search, for example, is inventicated as it was in 1998. You can view the ICQs of these benchmarks, their selected attributes and follow links to websites with more information about how the products fared in the marketplace after they were launched. Examples of a few benchmark products are provided including, Google Search, Gator-Grip Universal Socket, Pet Rock, Segway Scooter and more. With benchmarking you compare your invention idea to others that have already been commercialized, some successfully and others not. Following the guidance of the USPTO and the Law of Conservation of Energy, you will always get a “Nope” on the Inventicator™ for an invention that claims perpetual motion or energy output greater than input.Įach question is initially set to a default answer that is indicated with an asterisk *. For example, the best possible score for “Feasibility” is zero, for “Development Status” it’s 64.3 and for “Sales Channel” it’s 21. For this reason, category scores do not follow an obvious pattern. This helps to create more distinction between ICQs of product ideas with poor and excellent chances of success. One of the unique qualities of the Inventicator™ is the way it scores attributes by multiplying some and adding, dividing and subtracting others.

Icq meaning how to#

This should help you focus your development efforts and make better decisions on how to invest in your invention. You can experiment with answering questions differently and see how it will affect the score. Creating a working prototype, doing research on prior art, better defining the market and increasing profitability are some of the ways to improve an invention and get a higher ICQ. When the score is below 100 we look for ways that the score can be increased. When we see a score above 100 we give serious consideration to taking the invention forward. Invention City uses the Inventicator™ for its own invention evaluations and with the Brutally Honest Review. As in sports, longshots sometimes win and favorites sometimes lose. The more accurate your information, the more honest you are in your answers, the better it will work - but even with rough and guesses you should find the results helpful.īeyond offering insight to inventors, the inventication process and ICQ score provide a way of maintaining confidential information while providing meaningful details that might interest prospective licensees, partners and investors enough to enter into a Confidentiality Agreement.įinally, regardless of ICQ score, please keep in mind that many factors beyond product attributes contribute to commercial success. It’s an estimating (or guesstimating) tool that provides a useful indication of how your invention compares to others and in turn, how likely it is to succeed.

icq meaning

The Inventicator™ is more like a chainsaw than a scalpel. Default answers are provided for each question and if you don’t know the answer you can use the default choice.

Icq meaning series#

In each of eight categories you are asked a series of questions and click on drop down menus and check-boxes to choose answers. The mechanics of using the Inventicator™ are easy. Scores below 35 indicate a product will likely have difficulties. A score above 100 is special and indicates that a new product idea probably has the right stuff for commercial success. ICQ scores can range from zero to above 200.

icq meaning

The attributes are scored, weighted and totalled to produce a number: the Invention Commercialization Quotient or ICQ.

icq meaning

Instead of disclosing details of what your invention does and how it works, you answer questions to match attributes that describe it. The Inventicator™ offers a unique way to consider whether or not a new product idea is likely to achieve commercial success.










Icq meaning