Posts Tagged "3D Printing Honolulu"

This is what inventors need to know about licensing agreements.

Licensing Agreement Basics for Startups

This is what inventors need to know about licensing agreements.For many inventors a licensing agreement is often a great option since it lets them develop a product, but then puts the expenses associated with commercialization on a more experienced manufacturer.

What is a licensing agreement?

A licensing agreement is a deal between the owner of a patent, brand, or trademark and someone who wants to use the patented or trademarked goods and services. (Upcounsel)

With a licensing agreement, an inventor (the licensor) develops an invention and then protects that invention through a patent, copyright, trademark, or trade secret, and thus creates intellectual property (IP). The inventor—the owner of the intellectual property—then licenses the invention to a second party (the licensee) whose responsibility is to commercialize the invention. As compensation for allowing another party to use its intellectual property, the licensor will receive a royalty.

There are many types of licensing agreements: trademark licensing, copyright licensing, patent licensing, software licensing and merchandise licensing. Intellectual property licensors use three main types of licensing agreements: exclusive license, non-exclusive license and sole license. (Read about each type on Upcounsel)

The Main Benefits of a Licensing Agreement

Globalization has made licensing agreements a very popular option for businesses and inventors. Often, licensing is a strategic way of entering international markets. A foreign company will obtain rights to produce and/or sell another company’s product in its home country.

Below is a list of the top benefits of licensing your invention/IP.

  • The licensor (inventor) does not have to finance the commercialization process.
  • The licensor avoids the need to create and operate a company.
  • The invention will most likely get to market faster because a larger, more experienced company is handling the manufacturing and commercialization.
  • The invention may reach more markets if the licensee is a large, well-funded enterprise.
  • The licensor retains ownership of the intellectual property.
  • It creates passive income for the licensor.

Overall, licensing agreements minimize risk for both parties involved. The licensor doesn’t have to setup a business and incur those additional expenses and the licensee doesn’t have to spend time on product development and testing.

Suggestions for Securing a Licensing Agreement
  • Assess the complexity of our product. Is there a way to get a working version developed without extensive costs? 3D printing/additive manufacturing is a frequently used method to get a functional prototype ready because of its speed and the reduced costs associated with the technology.
  • Identify manufacturers. Find out which manufacturers currently sell product lines to large retailers where you can see that your product would be a good fit.
  • Create a functional prototype. Create a functional prototype of your product and pitch retail buyers. The goal is to get a commitment before you actually launch. You can possibly even offer them a few months of launch exclusivity. The mock-up of your packaging is also critically important. Your product must look as retail ready as possible.
  • Setup a meeting with an IP attorney. The attorney will be able to go over the legal aspects of the licensing agreement with you and help come up with a plan that best suits your needs.
  • Approach the identified manufacturers. If you want to get the attention of a manufacturer, before you even talk about your product, pitch the prospect your new customer, growing sales or the commitment from a major buyer. You’ll get an appointment, and your product has a better chance of moving to the front of the line in the new product development funnel.

Read our Case Study that details how our team worked on turning a consumer product idea into a manufacturable product for licensing to a large international retailer.

Have additional questions about licensing agreements for inventors? Please send us an email at info@3d-innovations.com

Articles Referenced:

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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A product development firm can help launch your startup.

How can a product development firm help me?

A product development firm can help design and launch your product idea.A product development firm should be your partner in this startup journey. Having a great product idea is exciting—executing that idea though can be a bit tricky since the road to product commercialization to fraught with obstacles. Often, startup founders turn to a product development firm to help make their idea a reality. Here we look at ways that a product development partner can help you beyond the design and prototyping phases.

Product Development Firm | A Partner from Idea to Commercialization

A product development firm should be by your side from idea to store shelves. Having a single team in place throughout the entire product development process means that there is less room for error and that you can count on consistency. A full-service product development firm is invested in the success of your product and wants to see it on in the hands of your customers just as much as you do.

Intellectual Property

Intellectual property is no longer a “should have”, in today’s globalized world it is a “must have”. A product development firm will be able to help you navigate the world of patents, trademarks and copyrights along with your IP attorney.

Line drawings are necessary for design and utility patents, and your product development partner can produce these for your patent application. Since product development firms work with a range of IP attorneys, they will also be able to help you connect with one that fits your specific product needs.

Licensing

When it comes to licensing, your product development partner will be able to provide the technical aspects of the design to interested partners as well as their manufacturers. Licensing a product requires strategy and know-how, and this is exactly what a firm will be able to provide.

Manufacturing

Manufacturing your hardware product is no small task. Whether you decide to manufacture at home or abroad, there are certain unavoidable challenges. A product development partner will help you navigate the manufacturing process and connect you with potential manufacturing partners.

With the assistance of a product development firm, you will be guided by knowledgeable experts throughout the entire development process. You can ask questions, share ideas and collaborate on all aspects of the product development process. A skilled product development firm will be able to guide you from design to manufacturing and beyond.

Now it’s time to get out there and meet potential product development partners. In this blog post we discuss what you can expect during your first product development meeting.

Have additional questions about product development? Send us an email at info@3d-innovations.com.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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Using hands-on egineering education to bridge the stem skills gap.

Engineering a Solution to the STEM Skills Gap

Using hands-on egineering education to bridge the stem skills gap.Global Engineer Day (April 3rd) was celebrated this past week—engineers from across the globe shared projects they have worked on and gave insight into the lives of professional engineers. This upcoming week it is “Hawaii World of Work Week”, our President & Chief 3D Officer, Collin Kobayashi, will be talking to students (Grades 6-12) about what it means to be a Product Development professional. These two events have us thinking about the engineering profession, the current skills gap and how we can help motivate students to get excited about the engineering field. We have been looking at past blog posts and thought that it would be a good idea to compile a list of some of our most popular STEM education posts for you.

Entrepreneurship Needs STEM Education

While the focus is on educating students around the four subjects—science, technology, engineering and math—the true value of these subject areas goes far beyond an engineering career or science major. STEM education provides a solid foundation for entrepreneurship.

The Changing Landscape of STEM Education

Where once lectures and standardized tests were the main ways to teach and test STEM knowledge, today’s teachers understand that there are better, more hands-on methods, of educating students around STEM subjects.

The way STEM education is being taught has fundamentally shifted and this change will no doubt have a major impact on our future generation of STEM professionals and business leaders.

The Benefits of Using 3D Printing Technology in Education

As the cost of 3D printers has dropped significantly in recent years, more schools are able to adopt and incorporate the technology into the curriculum. 3D printing technology promotes active learning and has the power to open a world of career possibilities to students. 3D printing inspires creativity and can help encourage students to explore a career in engineering or science.

STEM Education: Keeping Your Child Engaged During Summer Break

It turns out that summer is a perfect time to introduce your child to the fun side of STEM subjects. In the summer months, students have more time to focus on what really interests them. They can dig deeper into subject matter, which helps them not only grasp concepts better, but gives them a better understanding of the world around them.

Developing a curriculum that gets students fired up about engineering can be a challenge. Our 3D Academy is your STEM education partner. We specialize in developing and integrating industry technologies with STEM education and can build custom programs for your classroom or school. We understand that closing the STEM education skills gap takes effort from both academia and professionals in the field, and we are happy to work with schools to bring hands-on and project-based opportunities to students.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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Marketing strategy for new hardware product.

Marketing a New Hardware Product

Marketing strategy for new hardware product.When it comes to marketing your new hardware product, our best piece of advice is to start early. If you wait until your product is being manufactured, you are late to the game. Starting early, means that marketing and product testing often go hand-in-hand. You will simultaneously be able to gather feedback on your new hardware product, while also making your target market aware that it will be available to them soon.

Plan the perfect prototype.

While a minimum viable product (MVP) will allow you to talk about features and show aesthetics, a functional prototype will clearly convey what your product is all about. Once you have a prototype, you then want to get it to the hands of your target market.

Host a diverse focus group.

A focus group will let you gauge reactions and gather feedback about your hardware product. You can ask this group questions, they can share their initial reactions and then you can go back and apply any changes.

Utilize the feedback.

It can be hard hearing that your product isn’t perfect, but that is the beauty of feedback. With feedback early on, you can modify your design so that it better suits the needs of your target demographic. Ultimately, you want to build a product that is going to sell.

Test in real-life.

Provide your product to a small test market to have them try your product in their daily lives. Follow this up with questions/interviews to gather feedback on how your product fares.

Gauge interest with pre-order sales.

Crowdfunding has made this very popular, but you don’t need to have a crowdfunding campaign to start taking pre-order sales. Setup an area on your website for pre-orders to see how the market is reacting to your new hardware product.

As you can see, marketing and product testing are closely related early-on in product development. While marketing looks different when you start early, it is effective at building a group of loyal followers. The people that you have testing your product, providing feedback and taking pre-order sales—are going to not only be your first customers, but they are going to want to share your product with their network.

Have additional questions about product development? We are happy to help. Please send us an email at info@3d-innovations.com

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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Using hands-on egineering education to bridge the stem skills gap.

3D Academy: Your STEM Education Partner

3D Academy specializes in developing STEM education programs.3D Academy, a division of 3D Innovations, specializes in developing and integrating industry technologies with STEM education and custom programs. 3D Academy promotes Science, Technology, Engineering, and Math (STEM) education programs that integrate 3D Technology into K–12, as well as university classrooms.

Using hands-on and project-based learning strategies, we have been effective in providing students with opportunities to excel in the areas of STEM and to integrate industry applications into their learning experiences.

3D Academy in the Classroom

3D Academy has a range of programs that seamlessly transition into the classroom to expand and broaden students’ coursework. We provide an introduction to a range of engineering subjects—3D Printing, Robotics, Digital Media and Drones, just to name a few. The 3D Academy team works closely with teachers to create a custom curriculum that most benefits their students.

Meet Lulu

Virtual SeaPerch (VPerch) Project

In partnership with HI FusionEd, Office of Naval Research (ONR), and Navatek, VPerch was created to provide students with the opportunity to learn about various STEM applications as they relate to underwater robotics.  The emphasis of VPerch is to introduce students to engineering design through the virtual design (3D CAD) process where they can design and simulate (virtually test) their design and analyze the results before building the physical system. Using the virtual design and simulation process, students see first-hand how their design will perform under certain conditions.  Once their virtual design is completed and have enough confidence that it will perform as designed, they migrate to the build phase where they can build their ROV based on their virtual design specifications.

Throughout the duration of the project, students will learn about robotics, marine engineering concepts, and science/math applications to build an underwater ROV while integrating problem solving, teamwork, and technical skills.

STEM Education Enrichment Camps

3D Academy STEM enrichment camps are a great introduction to STEM education. No prior engineering classes or skills are required to attend a camp. We start with the fundamentals and help students build upon those. [Note: Our STEM Enrichment Camps align with the Hawaii Public School calendar and occur during school breaks (i.e. Winter, Spring and Summer break).]

To see past 3D Academy STEM Enrichment camps, head to our website or our Facebook page.

If you are interested in learning more about our 3D Academy, please send us an email at info@3d-innovations.com so that we can talk about your specific STEM education needs and what type of program will work best for your students.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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3D printing expands product design possibilities

Is 3D Printing Right for Your Project?

3D printing expands product design possibilities3D printing, also known as additive manufacturing, is a technology that has expanded product design possibilities and manufacturing capabilities. While 3D printing can certainly help as you work your way through the product development process, it also has its limitations. Below are a few factors to help you determine if 3D printing is a good fit for your next project.

Are you building a prototype?

3D printing is an excellent option for initial prototypes. You can get a physical prototype in hours, refine the design and print again. It will take a few iterations to get it just how you are imagining it. Startups all over the globe are now turning towards additive manufacturing technology at various stages of product development—low cost and quick turnaround times make it ideal for budget conscious hardware startups.

Eventually you will want to build a functional prototype for design validation and testing, and additive manufacturing can help with this as well.

Do you have a complex design?

One of the primary advantages of 3D printing is that you can break traditional manufacturing barriers with your product design. With 3D printing technology, complex geometries, internal features and built-in interlocking objects with no assembly required are all possible. With these additional design capabilities, additive manufacturing creates new product design opportunities.

Do you need customer feedback?

Gathering customer feedback during the product development process is always a good idea. Show potential customers your product design, let them hold it, test it and then incorporate their feedback. Remember that the feedback is going to help you build the product customers want, so the design will most likely change a bit to accommodate customer needs. Additive manufacturing allows you to quickly print a visual prototype that you can show to your target market for feedback. You can quickly incorporate their feedback and print another prototype.

Are you looking for small batch manufacturing?

3D printing isn’t quite at the mass manufacturing scale yet, but it can certainly help with small batch manufacturing. If you need just a few parts or pieces for a project, 3D printing can certainly be of assistance.

Do you need a customized part?

Customization is the “sweet spot” for additive manufacturing. The automobile, aerospace and dental industries have been utilizing 3D printing’s customization ability for years now. If you need a one-off customized part, 3D printing will most likely provide you with the quickest turnaround and best cost efficiency—depending on size of course.

Additive manufacturing is constantly evolving and so are its capabilities. As design software advances and material selection increases, 3D printing will continue to shift the manufacturing landscape and prove that it is a very useful tool for professionals and makers alike.

Are you still not sure if 3D printing is right for your project? Go ahead and send us an email, info@3d-innovations.com so we can talk further about your design and manufacturing needs.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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3D design and 3D models are critical for efficient manufacturing.

The Importance of 3D Design for (Efficient) Manufacturing

3D design and 3D models are critical for efficient manufacturing.When you are ready to take your prototype and turn it into a real-world product, be sure that your 3D design files are also ready to go. A CAD file is either a digital 2D or 3D model of your product. When you start reaching out to manufacturers, most of the time they will ask to see your 3D design before moving forward with a manufacturing consultation and quote. “Without some idea of size, number of cavities, complexity, shape, and design, a manufacturer cannot accurately advise on the manufacturability of your product or help you choose the right materials and color.” (Extreme Molding)

3D Design Saves Time

Making sure that the manufacturer has the most detailed information possible about your product helps ensure that you are receiving an accurate quote and that there are fewer potential manufacturing issues down the road.

“Not only does a CAD file help save time when figuring out all the finer details of a part by looking at the 3D model, but it also allows a model to be magnified and even rotate on any axis to get a full three-dimensional concept of the part, which allows the manufacturer a greater sense of the product. It can even reveal internal features of a part if it cannot be seen clearly on a manufacturing drawing. Aside from these benefits, using CAD makes it possible to simulate the movement of a part through production processes.” (Vista Industrial)

3D Design Reduces Material Waste

“CAD files enables the manufacturer to check tool paths before any material is cut. The ability to run a simulation and so verify the complete machining process in a virtual environment is critical for keeping waste and scrap to a minimum. This may be crucial on some jobs, such as those using expensive alloys, large material-intensive components, or for those with complex geometry. Other verification advantages that result from less scrap include less energy consumption and reduced tool wear.

CAD simulations also enable you and the manufacturer to identify how long the production run time will take. Clearly this is useful for scheduling, as well as the planning of throughput, material supply and delivery. As the 3D model is the source of the manufacturing data, the design intent is preserved, and the dimensional accuracy is retained.” (Advice Manufacturing)

3D Design Allows for Ongoing Communication

If your product design needs to be adjusted to meet design or manufacturing needs, this can easily be accomplished within a digital CAD file. Since the CAD files are transferred electronically, you are assured that both you, your product design team and the manufacturer all have the same information moving forward.

“CAD systems also facilitate communication among those involved in design, manufacturing, and other processes. This is of particular importance when one firm contracts another to either design or produce a component.” (Inc.)

In today’s manufacturing environment, CAD files are a necessity. A 3D design allows you to evaluate the form, fit, and functionality of your product. The design will also verify tolerance, loads, stresses and optimize manufacturability. If you plan on filing for IP rights or patent protection, a CAD file will help clearly communicate the design to your attorney and those reviewing your patent application.

Have additional product development questions? Please send them our way, info@3d-innovations.com

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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Developing a product development strategy is key to startup success.

Product Development Strategy: Launching Your Idea

Developing a product development strategy is key to startup success.Did your 2019 resolution focus on product development and launching a business? The New York Post published a piece that says New Year’s resolutions, on average, don’t even last two weeks—that’s right, January 12th is the fateful day for many resolutions. Resolutions are hard—changing your behavior, mindset and shifting your focus can be extremely stressful if you jump in and do it all at once. We recommend starting slow, so that you aren’t overwhelmed, and building a support system to help encourage you and keep you focused. If you plan on starting a business in 2019, below are actionable items to keep you on track so that your resolution is successful.

The First Steps of Your Product Development Strategy
Write Your Goal Down

Write your goal down in one or two sentences. Keep it short and concise. Then post your goal somewhere where you will see it every day—whether it is at your office, your bathroom mirror, or as a reminder on your phone. Having it around will be a constant reminder of what you want to accomplish this year.

Find a Mentor

Business mentors are a great resource. You can bounce your product development strategy ideas off them and ask for advice when faced with obstacles. It will be even better if you can schedule a monthly meeting with your mentor to help keep you on track and pushing forward. Having a measurable goal and/or accomplishing a task before your next meeting will keep your startup moving ahead.

Start a Business Plan

There are many great business plan outlines online. Find one that fits your specific startup and start filling it out. Get all of your ideas, goals and ambitions out there on paper. You will see your plan start to solidify, and the plan will show you your strengths as well as your areas of weakness. Keep in mind that entrepreneurs aren’t great at every single aspect of business—and asking for help is normal, and extremely beneficial.

“Two founders, rather than one, significantly increases your odds of success. You will raise 30% more investment, grow your customers 3 times as fast, and will be less likely to scale too fast.” (Inc.: 5 of the Most Surprising Statistics About Startups)

Build a Prototype

By now you have an idea, you have probably sketched the product design out a few times, possibly built a rough version out of items around your home and you are ready to get going on an actual prototype. Great!

Depending on your product, 3D printing is an excellent option for initial prototypes. You can get a physical prototype in hours, refine the design and print again. It will take a few iterations to get it just how you are imaging it. Startups all over the globe are now turning towards 3D printing technology at various stages of product development—low cost and quick turnaround times make it ideal for budget conscious hardware startups.

Eventually you will want to build a functional prototype, especially if you are going to move on to patent protection.

Gather Feedback

Take your prototype and start talking to friends, family and people you know to gather their thoughts on your product. In your business plan, you have outlined your target market, so try to find people that fit in this category. Remember that the feedback is going to help you build the product customers want, so the design will most likely change a bit to accommodate customer needs.

Here at 3D Innovations, no matter the stage of your business, we can help you meet your goals. Our team has a proven track record in all areas of product development and we work side-by-side with you throughout the entire design and manufacturing process. Peek at the Case Studies section of our website to see a few examples of the startups we have previously partnered with, and how they leveraged our design and manufacturing expertise to reduce time to market.

Have additional product development questions? Please send us an email at info@3d-innovations.com

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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3D Academy is reimaging STEM education.

The Changing Landscape of STEM Education

3D Academy is reimaging STEM education.Within the last five to ten years there has been a visible shift in the way teachers approach, introduce and incorporate STEM education into their classrooms. Technological advancements coupled with vocal industry proponents, have successfully transformed the way STEM education is taught. This is great news, because the long-term benefits of STEM education are profound on students’ future career success—whether in a STEM field, or not.

Reimaging STEM Education

Where once lectures and standardized tests were the main ways to teach and test STEM knowledge, today’s teachers understand that there are better, more hands-on methods, of educating students around STEM subjects.

3D Printing

For instance, 3D printing technology has revolutionized classrooms, schools and makerspaces around the world. 3D printing makes learning fun and engaging. Students can now move away from books and lectures and actually design and print the subject they are learning about. Learning about ancient Egypt? Design and print a model of a mummy.

3D Modeling

Let’s take a quick step back, and before you even get to the 3D printing phase, a CAD model must be designed. This is just another way in which students get to test ideas, theories and use their critical thinking skills. Here at 3D Academy, we have seen a real shift and educators are more interested than ever in introducing students to 3D modeling programs because they understand the long-term benefits of this skill set.

Drones

Drones are taking off, literally and figuratively, in the classroom. This is another area that draws awe from students and they have proved a great way to provide hands-on learning. Whether students are working together to design an actual drone, a replacement part for one or understanding the ways in which this technology can be used in different industries—it has successfully captured the attention and imagination of students.

“Engineers will address the complex societal challenges of the 21st century by building a new generation of machines, materials, and systems. We should fundamentally rethink how we educate engineers for this future,” says Ed Crawley, the Ford Professor of Engineering in the Department of Aeronautics and Astronautics at MIT.

STEM Education Teaches Life Skills
Teamwork and Collaboration

Working as part of a team starts from a young age and continues on into the workplace. Learning how to collaborate and work together is a necessity. Teamwork helps students learn about different perspectives, respecting other ideas and coming up with a solution together.

Problem Solving Skills

Hands-on lessons for STEM subjects often revolve around solving real world problems. Students must assess a situation and develop a solution. Problem solving skills are immensely beneficial both inside and outside of the classroom. Having the ability to stop, assess, analyze, hypothesize and solve a problem is a skill every individual needs at every age level.

Innovative Thinking

We are all aware of the benefits of “thinking outside the box”, however, this does not always come naturally. Learning to ask questions and develop diverse solutions helps to instill an inquisitive mindset.

The way STEM education is being taught has fundamentally shifted and this change will no doubt have a major impact on our future generation of STEM professionals and business leaders.

Have questions about the way our 3D Academy program can complement your areas of study in the classroom?  Send us an email at info@3d-innovations.com

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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3D Innovations is a leader in product development.

Top 3D Innovations Blog Posts of 2018

3D Innovations is a leader in product development.To close out the year, we are sharing the top four 3D Innovations blog post of 2018. This past year, our readers were particularly interested in 3D printing technology, how to get your product idea off the ground, product development as well as STEM education.

Get Your Product Idea Off the Ground

Coming up with a product idea is exhilarating—knowing that you have an idea that will help not only yourself, but an entire segment of the population, is the very definition of exciting. So now you have an idea, but you aren’t exactly sure what to do next. Here we have gathered helpful advice and insight into the next stages of your product development journey.

The Benefits of Using 3D Printing Technology in Education

As the cost of 3D printers has dropped significantly in recent years, more schools are able to adopt and incorporate the technology into the curriculum. 3D printing technology promotes active learning and has the power to open a world of career possibilities to students. 3D printing inspires creativity and can help encourage students to explore a career in engineering or science.

What to Expect from Your First Product Development Meeting

Many first-time entrepreneurs want to jump right in and get to work building their product, only to realize that they may not have the exact skillset necessary to develop the product all the way. This is where a product development firm is brought in to aid in the process. It can be nerve-wracking sharing your idea with someone else, and we all like to have a general idea of what we can expect in initial meetings.

Building A Hardware Startup Outside of a Major Tech Hub

We are going to start off with the good news, building a hardware startup outside of a major hub (i.e. Silicon Valley, Boston, L.A.) is possible. In fact, in today’s connected world, these major tech hubs are becoming less and less appealing for entrepreneurs just setting out with their startup. It’s no secret that the cost of living in major tech hubs is astronomical and upfront costs to get your business going also come at a premium. So if you are an entrepreneur looking to launch a product and start a business, but have no desire to pick-up and move, here are a few ideas on how you can successfully launch your hardware startup from your home city.

This past year was fantastic as we helped a number of startups launch their idea and assisted others with various product development and manufacturing solutions. We can’t wait to see what 2019 brings!

Cheers!

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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